Layoffs are being planned at more than half of U.S. companies, survey suggests

https://financialpost.com ^ | 8.19.2022 | link only

[RomanSoldier19]

link only

[RomanSoldier19]

Signs of an Upcoming Economic Depression 1. Worsening unemployment rate 2. Rising inflation 3. Declining property sales 4. Increasing credit card debt defaults https://corporatefinanceinstitute.com/resources/knowledge/economics/economic-depression/

[EEGator]

This is doubleplusgood!

[ClearCase_guy]

This just means the economy is growing.

[HYPOCRACY]

Wow. Fears of a recession must be palpable. You can almost palp it.

[RomanSoldier19]

[virgil]

Oh, look, the Inflation Reduction Act is working as planned! Isn’t that ducky?😠

[rb22982]

I would love to be laid off but no chance in h*** that happens.

[VTenigma]

Right after the election the wheels aren’t going to just come off, they’re going to blow off in a nuclear fireball.

[deport]

The disease that is on the rise

[Dan in Wichita]

Big layoffs may be coming, but probably not until after the election.

[Zathras]

This will be another MSM hush up.
Nothing will be said about this until January and likely not even then.

[virgil]

It’s a trickle right now, and soon will be a gusher, but we have to vote democrat first to make sure we stay unemployed after the gusher. Nuts.

[FarCenter]

After a period of hiring, a 10% cut is useful to get rid of hiring mistakes and various dead wood.

[Shady]

The State of Gnu Yak just slammed small businesses with an Unemployment Insurance “Trust Fund” surcharge to start to cover the costs of the plandemic. That in and of itself is going to drive businesses into insolvency…

[Dan in Wichita]

I understand your sentiment. It is hard to grasp how many people are still willing to vote Democrat, after all the damage they’ve done to this country over the last 19 months. Unbelievable!

[cgbg]

If you use real instead of inflated numbers for the last two quarters we are in a recession now.

[EC Washington]

Thank You Brandon!

[Prince of Space]

But govt created the shutdown and caused massive unemployment! Now they want the business community to pay for their f%#& up??!!? Ppl need to rise up if they start pulling this crap!!!

[deport]

Yep world recessions are bad to the bone....

[RoosterRedux]

Good. Big companies are inefficient bureaucracies that basically treat their employees as slaves.

The strongest economy is one made up of small(ish) businesses that are always competing, inventing, and adapting.