layoffs
The frozen job market could be heading into “a moment of reckoning” this year, said Claudia Sahm, the chief economist of New Century Advisors. The job market has been stuck in a low-hire, low-fire state, partly due to economic uncertainty, such as businesses figuring out how tariffs affect them. It’s…
It’s CEOs’ favorite buzzword and white-collar workers’ nightmare fuel.”Efficency” defined the 2025 job market from the federal government to Silicon Valley. For business and political leaders, it has become a catch-all term to signal they’re leaning into AI, streamlining their workforce, and boosting productivity. A smaller bureaucracy is en vogue…
Advertising agency giant Omnicom’s $9 billion merger with fellow ad firm Interpublic Group officially got over the line last week. Now come the “synergies.”Omnicom CEO John Wren said in media interviews on Monday that the total number of acquisition-related layoffs is expected to reach 4,000, with the majority of jobs…
This as-told-to essay is based on a conversation with Eric Sim, 55, a former banker who became a published author, professional speaker, and career coach. The following has been edited for length and clarity. Business Insider has verified his education and employment history.Finding a job is really difficult these days,…
