December could be a brutal month for job layoffs in Massachusetts, as the economy worsens and more companies look for ways to cut costs before the end of the year, economists and labor officials say.
Historically, the highest numbers of job cuts in Massachusetts and elsewhere have been recorded in December, when executives typically scramble to hit profit targets and prepare budgets for the following year.
"We're definitely bracing for more layoffs," said Tim Sullivan, legislative and communications director for Massachusetts AFL-CIO, the umbrella organization for 750 unions in the state.
(Boston Globe - Full Story)
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