"Widespread layoffs" refers to a situation where a large number of employees are being let go or losing their jobs at various places, companies, or industries.
Full definition
The public perception of a company's reputation and brands often takes a hit
when widespread layoffs are announced.
Several years
of widespread layoffs at BlackBerry (TSX: BB) are finally over, according to an internal memo from the company's chief executive officer.
Respawn Entertainment, the studio founded by the creators of the Call of Duty franchise, has insisted it is business as usual amid
widespread layoffs at publisher EA.
The National Association of Legal Placement's 2016 Report on Diversity in U.S. Law Firms reported that the representation of minority associates has continued to increase (from 19.53 % to 22.72 %) since 2010
following widespread layoffs in 2009.
This guy knew he was being an insufferable tool, that's why he thinks he was fired because of it even though he lost his job
amid widespread layoffs.
Sectors that compete directly with the oil and gas industry for their labour force will have an easier time filling their payrolls
if widespread layoffs occur, says Hirsch.
Gov. Andrew Cuomo reiterated today that the state is in «really dire financial shape» and did not deny reports that he will
propose widespread layoffs of public employees — perhaps as many as 15,000 — in his executive budget on Feb. 1.
Paddle8 announces further layoffs Following its split with Auctionata, the online auction platform Paddle8 is to make a series
of widespread layoffs, reports ARTnews.
First:
widespread layoffs, lower budgets, new levels of austerity, and a shift in the corporate culture.
«While a growth strategy like driving costs out might bring short - term spikes in margin improvement, it also may come with undue risks, like disruption to day - to - day operations or
widespread layoffs,» White says.
Are
widespread layoffs a normal and necessary part of U.S. business?