Independent thinking for complex markets and current events
This year, we have seen 250,000 layoffs in tech. Between 2022 and 2023, ~415,000 tech layoffs occurred. However, the layoffs were vastly limited to tech over the last couple of years. It may now be spreading. Follow us @KobeissiLetter for real time analysis as this develops. — The Kobeissi Letter (@KobeissiLetter) November 17, 2023 Mortgages …
The nation’s largest health insurance company pressured its medical staff to cut off payments for seriously ill patients in lockstep with a computer algorithm’s calculations, denying rehabilitation care for older and disabled Americans as profits soared, a STAT investigation has found. UnitedHealth Group has repeatedly said its algorithm, which predicts how long patients will need …
via naturalnews: Big Banks all over the world are breaking records after laying off tens of thousands of employees, including over 20,000 American workers. Scotiabank, one of Canada’s Big Five banks, announced recently that it is cutting about three percent of its global workforce due to changes to its operations and customers’ preferences, along with continuing efforts …
via CNBC: “The largest American banks have been quietly laying off workers all year — and some of the deepest cuts are yet to come. Even as the economy has surprised forecasters with its resilience, lenders have cut headcount or announced plans to do so, with the key exception being JPMorgan Chase , the biggest …
by CrazyMama73 That equates to 80% of my department just got their walking papers. This has been an extremely sad day for me. People given a weeks notice, some having to be walked off the premises today. You know how it goes.. Banks losing money.. share holders not happy.. lets make cuts to make share …
He is often right. https://twitter.com/chrissaccoccia1/status/1702052421667557870?ref_src=twsrc%5Etfw THEY JUST CAN’T QUIT: More Mask Hysteria. From White House to elementary schools, from the CDC to its useful idiots in the media, the insanity continues. AC
https://twitter.com/balancealways/status/1697144430627549567?ref_src=twsrc%5Etfw The NHS is a financial black hole used to bung money to every shady outfit going. People need to stop their brainwashed worshiping of a corrupt and criminal bureaucracy. Stop supporting the vile jabbers and maskers just following orders too. Get rid of the entire thing. AC
https://t.co/081UMEWYO7 — Don Johnson (@DonMiami3) August 23, 2023
by Chris Black You can’t just stop black people from committing crimes. That is completely illegal in America. New York Post: A suspected shoplifter beaten by two 7-Eleven clerks in a viral video allegedly stole from the same California location at least twice before the employees took him down, police said as they revealed the workers are …
“Zoom has told its employees to return to the office for the first time since the video communications tool saw a boom during the remote work revolution of the coronavirus pandemic. The tech company is now requesting all employees within 50 miles of a company office to return for in-person work at least two days …
BOMBSHELL: Pfizer employees were given a *special batch*… different from what was forced into the general population 🚨🚨🚨 pic.twitter.com/CDww6wxFif — Pelham (@Resist_05) August 4, 2023
via naturalnews: House Republicans have authored a new bill that would grant Americans the right to sue federal employees caught aiding or abetting the suppression of free speech online. Known as the Censorship Accountability Act, the legislation aims to take down what has come to be known as the Censorship Industrial Complex, a collusive anti-First Amendment …
Trucking giant Yellow collapsed on Sunday, ceasing operations immediately and leaving some 30,000 workers without jobs. The closure is the biggest in terms of jobs and revenue in the U.S. trucking industry, according to The Wall Street Journal – which first reported its shutdown. The company, which received $700 million in federal COVID relief funds …
Trucking giant Yellow collapsed on Sunday, ceasing operations immediately and leaving some 30,000 workers without jobs. The closure is the biggest in terms of jobs and revenue in the U.S. trucking industry, according to The Wall Street Journal – which first reported its shutdown. The company, which received $700 million in federal COVID relief funds …
by Chris Black A bank is a private company, so they can do whatever they want to you. America is a libertarian country, you see. You’re just not allowed to disagree with the government at all, or private companies will be ordered by the government to destroy you. It’s libertarianism or communism or whatever. So …
This kind of thing partly explains the appeal of Bitcoin. Our freedom to transact and save should not be at the mercy of political enforcers. No payment platform should be allowed to discriminate against people for exercising their right to free speech. — Robert F. Kennedy Jr (@RobertKennedyJr) July 26, 2023
Lowe’s worker axed after getting black eye trying to stop thieves https://t.co/4vIIXvT0Fr — @amuse (@amuse) July 22, 2023
Tiktoker claims to suffer from “time blindness” and blasts employers who make employees come on time. She wants to dismantle the system which says people should be on time pic.twitter.com/jbW6SccYJz — Libs of TikTok (@libsoftiktok) July 13, 2023 h/t PURA SANGRE
Musk—whom the lawsuit calls “personally liable”—allegedly decided not to pay the promised severance, instead only giving one month of base pay to some employees. When Forbes reached out to Twitter and Musk via email, the Twitter press email automatically responded with a poop emoji. Elegant as always. https://www.forbes.com.au/news/billionaires/twitter-and-elon-musk-face-736-million-lawsuit-for-allegedly-refusing-severance-for-fired-employees/
Page two. pic.twitter.com/DilWYtgjaP — Ian Miles Cheong (@ianmiles) July 7, 2023
President Joe Biden’s administration forced Social Security Administration (SSA) employees to complete a “mandatory” training that lectured employees on respecting their coworkers’ “sexual orientation,” and “gender identity,” The Sentinel reported. The LGBTQ+ training warned that using preferred pronouns is compulsory and threatened investigations for those deemed noncompliant, according to audio recordings obtained by the Sentinel. …
Source:https://t.co/mG9O3WOAWd — Wall Street Mav (@WallStreetMav) June 7, 2023 https://twitter.com/EssMaxx8/status/1666153269511454736 Senate Bill 553 would prohibit employers from forcing workers to confront active shoplifters and provide active shooter training to workers. via chainstoreage: The California Senate has passed a bill that would establish new workplace violence prevention standards in California. Not everyone is happy about it. …
THE TRUTH HURTS: ‘CNN Staffers Are Shocked’: Brutal Magazine Exposé Leaves Employees Angry and Frustrated. Employees of CNN have expressed frustration and anger following a brutal exposé published in The Atlantic focused on newly-appointed CEO Chris Licht. Brian Stelter, a former chief media correspondent who spent nearly a decade with CNN before leaving last August, publicized …