Corporate America has ended its firing freeze, as major companies have announced tens of thousands of layoffs in recent weeks

Corporate America is witnessing a significant shift as major companies have lifted their firing freeze, leading to tens of thousands of layoffs in recent weeks. This change marks the end of 'labor hoarding,' where businesses retained employees out of fear of not being able to rehire them later. This trend is concerning as it reflects a more cautious economic outlook and could impact job security for many workers, highlighting the challenges ahead in the labor market.