- Employers cut 20.5 million payrollss in April, marking the largest-ever one-month contraction, according to a Friday report from the US Labour Department.
- Heading into the autumn, furloughs announced earlier in the pandemic began turning into permanent layoffs.
- If you survived a layoff at your company, career experts say to be wary of signs that more trouble will hit your company down the line.
- Private meetings, media reports of trouble in your industry, and a shift in company culture can all signal more layoffs down the line.
- But if you find yourself taking on new responsibilities after the layoff, experts suggest you stick around.
- Visit Business Insider's homepage for more stories.
A record 20.5 million jobless claims were filed in April, marking the largest-ever one-month contraction, according to a report from the US Labor Department.
This comes as major companies like Uber, Airbnb, Boeing, Shake Shack, and others laid off workers early in the pandemic, followed by others. In late August, MGM Resorts said it was permanently laying off 18,000 employees previously furloughed.
If you survived a company layoff but worry about more down the line, here are 11 things career experts say you should do.
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