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The Wall Street Journal
Why Companies Do Layoffs Around Christmas
As job cuts ripple through industries such as tech and media, it is hard not to notice how the holiday season is a really unfortunate time for workers to be getting pink slips. There is arguably no good time for companies to lay off employees, of course, but as farewell-to-my-job posts continue to populate LinkedIn, many are wondering, why did they have to do this the week before Thanksgiving or right before Christmas? Thousands of job cuts have also hit other industries, with Ford Motor , Walmart and PepsiCo all reducing their head counts, leaving many employees to wonder: Could I be next?
