Under the algorithm's thumb

AI Summary

The increasing number of layoffs is projected to continue, fueled by a weak economy and ongoing geopolitical tensions. This situation reflects a growing concern regarding job security and economic stability in the region.

According to Kasikorn Research Center, the number of layoffs, under Section 33 of the Social Security Act, has increased at an average rate of 7% per year. By 2026, it is projected that layoffs will remain high, at an average of no less than 40,000 per month. This is driven by factors such as a weak economy, intense competition, conflict between Iran and Israel and the United States, as well as...