Demand challenges hit General Mills and FedEx; Tesla skips employees’ yearly merit-based stock compensations
They’re not “cutting back” because they’re broke, I’ve seen boxes of cereal going for $7 bucks. The little boxes with Shrinkflation. And the main buyers of cereal are still parents in desperate need of a quick meal for kids, and there are just plain a lot less parents, birthrates are low. General Mills sales down …