By Dominick Reuter, Business Insider
There’s a quiet war being waged among America’s largest retailers, and the winner might be the previously under-appreciated hourly worker.
Slower sales growth, rising interest rates, and increased uncertainty are compelling companies of all stripes to tighten their operations and hunt for cost savings.
Tech employers have shed more than 120,000 workers this year alone – per a count maintained by Layoffs.fyi – in order to boost profitability and satisfy investors, but the word coming out of retail C-suites this past earning season paints a strikingly different picture.
