Companies across a range of industries are implementing hiring freezes and workforce reductions amid the uncertain economy. Many professionals are still considering quitting anyways.
Meal kit company Blue Apron announced Thursday that it was reducing its workforce in an effort to reduce expenses and streamline operations amid the uncertain economic environment.
A growing number of companies have implemented layoffs in the midst of the challenging economic environment. One professor said companies are copying what others are doing.
Digital media company BuzzFeed said it's reducing its workforce by 12% in order to weather the economic downturn that it expects will continue into next year.
Hundreds of media industry employees were laid off this week as Warner Bros. Discovery, Gannett and others reduced headcount amid economic uncertainty.