Workers Worry About Layoffs

This is a news story, published by Yahoo Finance, that relates primarily to Chevron news.

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layoffs

Yahoo Finance

•

Business

Business & Economics

Struggling with job layoff anxiety? Here's what you need to do.

Summary

Nutrition label

78% Informative

More than 8 in 10 workers are worried about losing their jobs this year , according to a survey.

4 in 10 companies worldwide expect to reduce their workforces over the next five years .

Many large corporations have already announced or kicked off a round of layoffs, including Chevron , CNN , Estee Lauder , Meta , and Southwest Airlines .

As businesses have targeted middle management for layoffs and budget cuts, more managers are having to take a pay cut or step down in level as they get a new job.

Some of these actions, admittedly, are tricky to do while you're still on the job.

Other moves that will help in a job search and in your current position include adding to your skill set and exploring a side hustle.

VR Score

Informative language

Neutral language

Article tone

informal

Language

English

Language complexity

Offensive language

not offensive