![](https://i0.wp.com/www.visualcapitalist.com/wp-content/uploads/2022/08/OC_Corporate-Layoffs-Shareable.jpg?w=1200&ssl=1)
Visualizing Major Layoffs At U.S. Corporations
This infographic highlights the accelerating pace of layoffs so far in 2022, as businesses cut costs ahead of a potential recession.
✒ Rising interest rates — which make it more expensive for businesses to borrow money, and erode stock valuation by reducing the value of a company’s future cash flows — have been a major factor behind these layoffs.