Happy holidays, you're laid off: White-collar workers bear brunt of downturn

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Happy holidays, you're laid off: White-collar workers bear brunt of downturn
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Happy holidays, you're laid off: White-collar workers bear brunt of downturn.

Last week, Matt Motyl received a box in the mail with two yellow emoji Christmas ornaments: one shocked, another crying a single tear. On the outside, Motyl's name scrawled in black marker, beneath the word "Leaver."

For workers preparing for the holidays, the timing couldn't be worse - although federal data shows that December and January tend to be popular months for layoffs, because corporate budgets often restart when the calendar changes. "I also know that it's right before Christmas and right before the new year," Weinstein said. "I'm not counting on a new position or a new role to magically appear."

"It's really tough to predict the future," Google chief executive Sundar Pichai said in a December all-staff meeting, declining to rule out the possibility of job cuts, according to reporting from Business Insider. "Twilio has grown at an astonishing rate over the past couple years. It was too fast, and without enough focus on our most important company priorities," chief executive Jeff Lawson said in the email, which was shared with The Post. "I take responsibility for those decisions, as well as the decision to do with layoff."

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