MD let’s slip on a call Friday that there are layoffs coming mid July. What are you guys hearing?
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extremely anxious can find NY regulation to see that companies don't need to file with the state if layoffs at a single location don't exceed 250 people over rolling 90-day period.
based on my observation, after mass-layoffs in Jan-March , current layoffs in NY388 are more surgical and targeted, thus they might continue over a very long period without obligation to file with the state (if they don't exceed 250 cuts per quarter)
Layoffs will happen every month until end of 1q2027.
Citi files WaRN notices after layoffs…