U.S. Companies Laying Off Employees At FASTEST Rate Since the Financial Crisis!
While we are being told that the economy is red hot and the stock market is doing well, both couldn’t be further from the truth. Stock markets around the world are in the red in 2018 and there are just a few weeks remaining. Major US corporations are laying people off at an accelerating pace, some over trade issues, others unable to keep up with competition. How will Americans be able to cope with the economic downturn when they haven’t made any preparations?
Dow erases 500-point drop and closes higher in another wild session on Wall Street
https://www.cnbc.com/2018/12/09/dow-futures-drop-200-points-as-sell-off-is-set-to-continue-in-new-week.html
Verizon says 10,000 employees have accepted its buyout offer
https://www.cnbc.com/2018/12/10/verizon-says-10400-employees-have-been-accepted-as-a-part-of-a-voluntary-program-to-leave-the-business.html
Morgan Stanley Predicts Ford to Cut 25,000 Jobs in Overhaul - Bloomberg
https://www.bloomberg.com/news/articles/2018-12-03/morgan-stanley-predicts-ford-to-cut-25-000-jobs-in-restructuring
Foxconn Technology Group subsidiaries are laying off Indiana workers
https://www.jsonline.com/story/money/business/2018/11/29/foxconn-technology-group-subsidiaries-laying-off-indiana-workers/2151513002/
US meal kit firm Blue Apron to lay off 100 workers | Food Industry News | just-food
https://www.just-food.com/news/us-meal-kit-firm-blue-apron-to-lay-off-100-workers_id140445.aspx
Qualcomm to lay off 269 staff, primarily from its data center business - DCD
https://www.datacenterdynamics.com/news/qualcomm-lay-269-staff-primarily-its-data-center-business/
Trump's trade war is causing GoPro to move production of its US-bound cameras out of China | Markets Insider
https://markets.businessinsider.com/news/stocks/trump-trade-war-gopro-moving-production-us-bound-cameras-out-of-china-2018-12-1027794978
Sysco to lay off some finance employees in early 2019 - Houston Chronicle
https://www.chron.com/business/retail/article/Sysco-to-lay-off-some-finance-employees-in-early-13448447.php
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For those of you who think 🤔 a LAY-OFF is not getting fired , your only right if you return within a year . Otherwise .......you’ve been FIRED❗️Great info 👏 👍 Many buyouts occurring is a clear sign of a deeper problem . But companies wanting to move back in .......is BIG .