Wolf Richter: Second Wave of Layoffs is Here, Now Hitting Well-Paid Jobs

Wolfstreet, Released on 8/30/20

A sort of sector rotation of layoffs, and it’s not a good sign, even as millions of lower-wage workers are being hired back.

Wolf Richter is the founder of Wolf Street Corp and the publisher of WolfStreet.com. Wolf has over twenty years of C-level operations experience, including turnarounds and a VC-funded startup. He has a BA, MA, and MBA (UT at Austin). In his prior life, he worked in Texas and Oklahoma, including a decade as General Manager and COO of a large Ford dealership and its subsidiaries.

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