AmiSight 11/10: The End of Labor Hoarding: Corporate America’s Layoff Era Returns

Now that the post-pandemic hiring rush has leveled off, corporate America is ending its firing freeze.

The Wall Street Journal reports that the mass layoffs at large companies such as Amazon, Target, and United Parcel Service signals an end to the “labor hoarding” trend.

Companies scrambled for years after the pandemic to build back their workforces, doing everything to keep the workers in fear of having a difficult time getting them back. Over the past two years America’s businesses have become increasingly reluctant to bring new employees on, resulting in a low-hire, low-fire environment.

But now companies are more comfortable with layoffs and using AI to automate more work to stabilize the bottom line.

Webinars of the Week

Wednesday, November 12 | 1:00 – 2:00 PM ET

End-of-Year SMB Tax Hacks to Maximize Savings

Join Lil Roberts for a practical session on year-end tax strategies that small business owners often overlook.

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Thursday, November 13 | 11:00 AM – 12:00 PM ET

From Founder-Led to Scalable Sales: How to Build a Repeatable Revenue Engine Without Full-Time Overhead

Daniel Gourley shares how founder-led B2B businesses can scale smarter—building a repeatable sales process without the cost of a full-time VP of Sales.

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