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From layoffs to hiring freezes, here's how companies like Amazon and Walmart are preparing for what could be a 'seismic shift' coming to the economy

  • Talk of a coming recession has some people spooked.
  • While the economy is still looking pretty good, some companies already seem to be scaling back.

While a recession hasn't arrived yet, there's no doubt the chatter about when one will hit has ramped up.

After a robust year of economic recovery when Americans spent big and there were more than enough jobs to go around, companies seem to be tightening their belts. To be sure, experts have told Insider that the next recession will be much milder and feel very different than the pandemic recession or the 2008 housing-bubble collapse and financial crisis.

Still, companies from Meta to Walmart have given signals in recent weeks that they are bracing for a downturn.

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