The Gravy Train Is Slowing Down
In 1998 U.S. companies announced the layoff of 677,795 workers. The workforce reductions set a record thus far for the decade. The figure for December alone, which was double the November layoff number (51,642) and 77% larger than for December 1997 (58, 293), may give a bitter taste of things to come.
Note: all figures are based on announced layoffs
SPONSORED REPORT
Solving the lease accounting challengeThe challenges of the new lease accounting standard have been pervasive to say the least. In this free, independently-written report, you'll learn effective adoption strategies as well as resources for easing the transition to the new standard.
FEATURE
Tackling TCJA changes this tax seasonReturn preparers must be ready for how the Tax Cuts and Jobs Act has modified many common features of individual and business returns.