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Stock impact report

Layoff Whiplash Scars Workers Who Find New Jobs Only to Lose Them [Financial Post (Toronto, Ontario, Canada)]

ZipRecruiter, Inc. Class A (ZIP) 
Company Research Source: Financial Post
Author of the article: You can save this article by registering for free here . Or sign-in if you have an account. (Bloomberg) — About a month into his new job as a marketing coordinator this year, Nygel Jones mulled writing a celebratory post on LinkedIn. Having been laid off twice in the past three years, though, he hesitated, fearing he might jinx the new gig. Jones eventually sent the post, which said that “after a year of uncertainty, it's nice to have a moment of relief.” Article content The moment didn't last long. Article content About a week later, Jones, 25, got laid off — again. “My jaw dropped,” he said. “I had not even been there for 90 days, and the feedback I was getting was positive. I was completely confused.” It's a red-hot US job market, with the unemployment rate at its lowest in more than 50 years. But for the past year and a half, major companies like Amazon.com Inc. and Google parent Alphabet Inc. have been slashing jobs. This week, Tesla Inc. sai Show less Read more
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