Yes.
During the 1990s, it is estimated that millions of jobs were lost each year due to downsizing. The exact number varied annually depending on economic conditions and industry trends.
Downsizing is when companies try to reduce costs by getting rid of a significant number of unnecessary workers. It can be spurred by new technologies or new business methods which render some of the workers redundant. It can also be spurred by simple desperation (budget crunches), or by a desire to leave low-profit markets. If your company isn't going to be selling widgets any longer, then all the workers involved in making and selling widgets become dead-weight in the organization.
Not every worker can fill very job. If a hotel lays off workers, those workers can't necessarily go and become engineers. If engineers are laid off, they can't necessarily go and get a job at a hotel. Most jobs have specialized requirements, and filling it means finding an available worker who can do the job, not just any available worker. Thus, many people can be out of work, and companies can still not be able to find the workers that they're looking for.
This is a scenario that many cause many people to be perplexed. I have given some thought to it and this is what I have come up with. People are used to being told what to do. The feel that once the learn how to do a given thing that there should be businesses out there that need to get it done, otherwise why would have they been taught to do it. The reason for the downsizing is that the companies that they work for are now offering products or services that are no longer in demand like they were. Rather that offering something else that is needed, they shrinkand eventually go out of business, and you lost your job. These millions of workers who have lost their old jobs that no one wants them to do have not figured out that they need to find out what people do want them to do...learn to do that...and they they have a job. The solution to not having a job lies within ourselves. If you need more help, get back and I will try to give more specificity.
all of them
Type your answer here...over 1,000 federal workers lost their jobs.by an order of President Truman
Many workers were affected by the Titanic because they lost their jobs.
Because many workers lost their jobs.
After the loyalty boards were created hundreds of federal workers lost their jobs while thousands more resigned.
Because many workers lost their jobs.
Income maintenance is a form of unemployment payments to workers who have lost their jobs.
Most health critics think so, but this would result in millions of lost jobs and millions of angry individuals.