Job Cuts Become Permanent as Companies Do More With Less

摘要

Many jobs that were lost during the COVID-19 pandemic likely aren't coming back because organizations were forced to find ways to save money long term, such as curbing hiring through automation and other labor-saving steps, according to a recent Wall Street Journal article. "When demand falls, it's a natural time to retool or invest because you won't lose customers or sales while you tinker and shut things down," said Brad Hershbein, senior economist at the W.E. Upjohn Institute for Employment Research. "You don't.want to interrupt business when it's at its peak."