Report: Layoffs Unlikely at Many Major Companies

After years of leaning, layoffs, downsizing, and right-sizing, many of the country's largest companies have cut enough.

By SHARE

Some good news: After years of leaning, layoffs, downsizing, and right-sizing, many of the country's largest companies have cut enough.

Workforce Management reports:

Based on a survey of industry sector analysts at UBS, more than half of large companies in the Standard & Poor's 500 stock index are not likely to reduce staff.

Companies in the energy, materials, nuclear utilities, engineering and construction sectors are even understaffed—and have aging workforces to boot. Thus, those businesses may need to hire people, UBS strategists including Thomas Doerflinger and David Bianco wrote Wednesday, September 24.

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