PepsiCo to Lay Off Hundreds of Workers
Inflation has had a run near its highest level in over 40 years. Luckily, wages have risen 5.1 percent on a year-over-year basis. Anyone impacted by the PepsiCo layoffs can find other sectors still looking for workers because of a crushing labor shortage in some sectors. Still, one has to wonder if as the economy begins to cool if it won't eventually hit the labor market. For now, the layoffs are concentrated mostly in the white-collar job sector.
December 12, 2022 6:41 PM