January 4, 2023

The American Holiday Tradition of Firing Workers for No Reason

New Republic -  It’s layoff season. For tax purposes, business budgets typically follow the calendar year, so layoffs tend to peak around Christmas. Merry Christmas! Job cuts this year started rising in August and peaked in November, the last month for which data are available, at a level that was 127 percent higher than in October and 417 percent higher than in November 2021.