Layoffs Hit White-Collar Workers as Amazon, Walmart, Others Cut Jobs
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https://www.wsj.com/articles/layoffs-hit-white-collar-workers-as-amazon-walmart-others-cut-jobs-11669930249
Recent wave of job cuts marks departure from previous downturns when blue-collar workers were shed first
The biggest slowdowns in job postings have been in industries dominated by white-collar workers, according to a ZipRecruiter analysis.Demand has fallen sharply for professionals in technology, legal, scientific and finance fields, and companies that ramped up staffing during the pandemic, including tech firms, are slowing down hiring or cutting jobs as they close down some projects or scale back others.
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