Despite a better-than-expected June jobs report, the red-hot labor market could still be showing signs of cooling down as many large and small companies trim their payrolls.
A growing number of major businesses have announced intentions to lay off employees or install a hiring freeze amid broader economic concerns and recent trends.
Last month, Tesla Motors laid off about 200 workers from its Autopilot team and shut down an office in California. Moreover, CEO Tesla Elon Musk noted that he has a “super bad feeling” about the economy and announced that he would cut roughly 10 percent of salaried staff, although hourly headcount would rise….