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Are Major Layoffs More Common Since the Recession?

Intoo USA

In 2008 alone, foreclosures went up 81% , with almost 900,000 families losing their homes. Between 2008 and 2010, one in five Americans lost their jobs. has added jobs since 2010, most workers have not fully recovered from the 2008 recession. For example, in 2017, over 6,100 retail stores closed. While the U.S.

article thumbnail

Are Major Layoffs More Common Since the Recession?

Intoo USA

In 2008 alone, foreclosures went up 81% , with almost 900,000 families losing their homes. Between 2008 and 2010, one in five Americans lost their jobs. has added jobs since 2010, most workers have not fully recovered from the 2008 recession. For example, in 2017, over 6,100 retail stores closed. While the U.S.

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Retail Apocalypse: 27 Surprising Facts You Didn’t Know

Intoo USA

At 6,163 store closures and counting, 2017 is already one of the worst years on record for closures at the six-month mark, second only to 2008 during the start of the Great Recession. In April, the number of 2017 bankruptcies had already equaled the bankruptcy total in all of 2016. CNN Money). Credit Suisse). Credit Suisse).

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Retail Apocalypse: 27 Surprising Facts You Didn’t Know

Intoo USA

At 6,163 store closures and counting, 2017 is already one of the worst years on record for closures at the six-month mark, second only to 2008 during the start of the Great Recession. In April, the number of 2017 bankruptcies had already equaled the bankruptcy total in all of 2016. CNN Money). Credit Suisse). Credit Suisse).

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Retail Layoffs: How to Protect Your Brand During a Reduction in Force

Intoo USA

This is what Nokia discovered firsthand in 2008, when a round of layoffs lead to protests and boycotts. In 2017, the company ended up rehiring 500 workers who were were to be laid off. Learn more about Intoo’s outplacement services. Communicate More Effectively. When it comes to an RIF, never burn bridges.

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Retail Layoffs: How to Protect Your Brand During a Reduction in Force

Intoo USA

This is what Nokia discovered firsthand in 2008, when a round of layoffs lead to protests and boycotts. In 2017, the company ended up rehiring 500 workers who were were to be laid off. Learn more about Intoo’s outplacement services. Communicate More Effectively. When it comes to an RIF, never burn bridges.