Company Layoffs: More Companies Trim the Fat without Trimming the Workforce
Dec 26th, 2008 | By Jason Simpkins | Category: Financial News, Stock Market InvestingThe U.S. unemployment rate, currently at a level of 6.5%, could rise to 8% next year. But it could also find a ceiling sooner than expected, as more companies implement unpaid vacations and four-day workweeks to preserve jobs.