In the previous years, December and January are the two months when mass layoffs happen most as budgets flip over for the new year, but lately, these layoffs have been happening at any time depending on the health of a company.
What day do most layoffs happen?
Middle Of The Week: The middle of the week (Tuesday, Wednesday, and Thursday) is generally regarded as the best time to lay someone off. It doesn't seem as cruel as laying someone off on a Monday, but it still allows your employees time during the week to start their job search.
What time of year are layoffs most common?
January is the month of the year with the most firings and layoffs. January averaged over 2.1mil firings and layoffs over the last five years. January accounts for over 10% of all firings and layoffs.