Other than the early months of the pandemic, we haven’t seen anything like this for a long time.  Mass layoffs are happening all over the nation, major retailers and large restaurant chains are deeply struggling, and the cost of living is out of control.  I am going to share more numbers with you today that confirm that a very painful economic downturn is now upon us.  For example, a survey that was recently conducted by outplacement firm Careerminds discovered that 78 percent of HR leaders in the U.S. admit that their companies have been through multiple rounds of layoffs.  In fact, 40 percent of HR leaders in the U.S. say that layoffs are now occurring quarterly at their companies…

The post 78 Percent Of HR Leaders In The U.S. Say That Their Companies Are Conducting “Serial Layoffs”, And We Are Being Warned That A Major Cost Of Living Shock Is Coming was first published by Michael Snyder on The Economic Collapse Blog and is republished here with his permission. Please support his efforts.