At Least 10% of Corporate Employees Could Lose Their Jobs in H2 Due to Recession

06.08.2020 By Bogdan Alecu

The economic downturn along with the rethinking of business plans will lead to layoffs in the major companies in the next few months, market data show. At least 10% to 20% of the corporate employees could lose their jobs and the layoffs will target, as usual, those hired in the past year, who were hired for a growth that will no longer happen any time soon.

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