Recession Watch: Spiking Layoffs

Citigroup, Twitch, and Pixar, oh my...

Healthy economies have a natural background rate of hiring and firing, as employers adjust to changes in their environment. But when the firing part of the process starts to dominate, trouble frequently follows.

This might be one of those times, based on the surge in layoff announcements by brand-name companies. Here’s a list that just appeared on Link…