Layoffs can be part of running a little service. Some suggestions for owners on handling them

With persistent inflation and greater expenses, layoffs at little organizations are insomecases a need

NEW YORK — With persistent inflation and greater expenses, layoffs at little services are often a need.

U.S.-based companies revealed 64,789 cuts in April, down 28% from 90,309 cuts revealed in March, according to a report by international outplacement and organization and executive training company Challenger, Gray & Christmas, Inc.

But Andrew Challenger, senior vice president at the firm, stated he anticipates more cuts going forward.

“The labor market stays tight. But as labor expenses continue to increase, business will be slower to workwith, and we anticipate additional cuts will be required,” he