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Layoff anxiety has pushed employee confidence to the worst rock bottom in nearly a decade

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"Economic anxiety is rising as economic uncertainty is rising," Glassdoor's top economist says.
The article from MSN discusses a significant drop in employee confidence due to widespread layoffs, marking the lowest confidence level in nearly a decade. According to a survey by Express Employment Professionals-Harris Poll, only 57% of U.S. workers now feel confident in their job security, a sharp decline from 71% in 2020. This anxiety is fueled by high-profile layoffs in sectors like technology, media, and finance, with companies like Google, Amazon, and Meta announcing significant job cuts. The fear of job loss has led to increased stress and a reluctance among employees to take risks or seek new opportunities, with many feeling less secure about their future employment prospects. The article also highlights that this pervasive layoff anxiety is not only affecting individual morale but also potentially stifling innovation and productivity in the workplace.

Read the Full Fortune Article at:
[ https://www.msn.com/en-us/money/careers/layoff-anxiety-has-pushed-employee-confidence-to-the-worst-rock-bottom-in-nearly-a-decade/ar-AA1AGo64 ]