Welcome to the 'Great Freeze': Why companies aren't firing, workers can't grow, and the unemployed can't get jobs

Tech Insider : Economy, Business, Environment
People in line at a job fair
Hiring and layoffs are low in the US.

Joe Raedle/Getty Images

GM lays off hundreds of workers while restructuring its design engineering team

Tech Insider : Business
The General Motors Renaissance Center is pictured in Detroit, Michigan.
GM laid off workers in the "low hundreds," mainly from its Tech Center in Warren, Michigan.

DOMINIC GWINN/ Middle East Images/AFP via Getty Images

Target is laying off about 1,000 corporate employees and cutting another 800 open roles

Tech Insider : Business
Target store front
Target said it was laying off around 1,000 corporate employees.

Erik McGregor/LightRocket via Getty Images

Meta tells some employees their jobs are being replaced by tech — read the memo

Tech Insider : Business, Technology
Mark Zuckerberg
Meta has made another round of job cuts.

Carlos Barria/Reuters

Meta's Alexandr Wang on why the AI team just laid off 600 workers

Tech Insider : Business
Alexandr Wang
Meta chief AI officer Alexandr Wang shared a memo announcing job cuts.

Fortune/ Reuters Images

'Girlboss' Sophia Amoruso says she was too quick to fire people at Nasty Gal. She shared what she learned from the startup's epic rise and fall.

Tech Insider : Business
Nasty Gal founder Sophia Amoruso
Nasty Gal founder Sophia Amoruso.

MICHAEL TRAN/AFP via Getty Images

Inside the AI divide roiling video game giant Electronic Arts

Tech Insider : Business, Technology
An employee screaming at his employer while both stand on the opposit ends of a video game controller

Getty Images; Tyler Le/BI

Federal workers are pinching pennies during the shutdown: 'I'd love to come to work, but may not have gas money.'

Tech Insider : Economy, Business, Style
Federal worker on the Capitol steps
Federal workers are furloughed or working without pay during the government shutdown.

Tom Williams/CQ Roll Call

$1.65 trillion chip giant Broadcom cuts staff in units like sales and accounts

Tech Insider : Business, Technology
Broadcom CEO Hock Tan speaking at a conference
Broadcom CEO Hock Tan

Ying Tang/NurPhoto via Getty Images

GenZers want jobs, but don't see eye-to-eye with hiring managers

Tech Insider : Business, Style, Travel
Photo illustration of a young employee and an older employer divided with a street sign between them.

Getty Images; Tyler Le/BI

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