It’s been a while since I talked about layoffs on this blog. But if the whispers from employers that I’ve been getting these last few weeks are any indication, we may be entering a new cycle where cuts start to run deep.

Of course, it’s still too early to call but as an Axios

Imagine, hypothetically, that you are the head of a massive technology company.  You decide one day that you want to layoff, say, 50 percent of the workforce tomorrow while offering employees a severance agreement. What should you know?

My colleagues, Gabe Jiran and Keegan Drenosky, did a whole webinar on the subject last month that

Monday, March 16th was brutal.

I kept using that word over and over in conversations with employers who are watching their entire business disappear overnight.

Brutal.

Layoffs — at a scale that I think is difficult to comprehend — are sweeping through Connecticut businesses.

Restaurants? Closed (except for takeout or delivery).

Gyms? Closed.

Movie theaters?

In my prior post, I wondered aloud whether there were some rough waters ahead for employers.  Apple recently announced that it would not meet it’s earnings estimates in the first quarter of 2019, in part because of soft demand from China. Other companies are expected to announce some similar issues.

Honestly, I’ve had enough conversations