A key segment of the job market isn’t hiring. These businesses say why.
Small companies, which employ more than 40 percent of the nation’s workforce, tend to experience financial shocks more acutely than their corporate peers. Cyndi Gave went nearly 30 years without ever needing to cut staff at her North Carolina-based consultancy, which advises businesses on hiring and leadership development. But in August, she began calling some of her favorite clients, telling them they had the opportunity to hire The Metiss Group’s “superstar” office manager — a 14-year employee and one of three she ultimately laid off.