We're in the middle of a time when more than a few employers are having to and plenty of people who would otherwise be assured of a job are getting the axe.

我们处在这样一个时期：许多雇主不得不裁员，使得很多人本应该得到工作却躺在了裁员这把斧子下面。

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We're in the middle of a time when more than a few employers are having to downsize and plenty of people who would otherwise be assured of a job are getting the axe.

我们处在这样一个时期：许多雇主不得不裁员，使得很多人本应该得到工作却躺在了裁员这把斧子下面。

youdao

This time, the axe is falling more on professionals, who get several months' notice, help to find a new job and a generous severance package.

ECONOMIST: Corporate downsizing in America: The jobs challenge | The