WFC - These 25 Companies Laid Off Workers in 2019
Last year was an incredibly strong one for the stock market and the U.S. economy. Stock indexes ended the year with gains that quadrupled their historic annual averages, while the U.S. unemployment rate hit a nearly 50-year low of 3.5% in October. We have to go all the way back to December 1969 to find a time where the U.S. job market looked this strong, as a whole.
Yet even this impressive of a performance hasn't been able to save workers at select companies from losing their jobs in the U.S. and around the world.
As we turn the page toward a new decade, let's look back at 25 companies that laid off workers in 2019.