No recession, eh?
No recession, eh? pic.twitter.com/HNRsjQRspd — David Rosenberg (@EconguyRosie) August 29, 2025
A hub for independent voices and hard truths
No recession, eh? pic.twitter.com/HNRsjQRspd — David Rosenberg (@EconguyRosie) August 29, 2025
The economy is breaking. And no one’s ready. 806,000+ layoffs in 2025 so far. 48% of consumer credit applications denied over the past year. Refinance rejection rate: 41.8%… the highest in 12+ years. U3 Unemployment forecast: 4.5–5.0% by year-end, according …
Cisco, the San Jose-based technology giant, has announced another round of layoffs affecting Bay Area workers, marking a familiar pattern of reporting skyrocketing revenue followed by drastic job cuts. According to Aug. 13 WARN filings with California’s Employment Development Department, …
by Michael Other than the early months of the pandemic, we haven’t seen anything like this for a long time. Mass layoffs are happening all over the nation, major retailers and large restaurant chains are deeply struggling, and the cost …
Unemployment claims are climbing fastest for higher-income households. If white-collar stress builds, markets should brace for slower discretionary spending, a key driver for growth stocks tied to consumer demand. pic.twitter.com/uKpZZ4sNzN — Kurt S. Altrichter, CRPS® (@kurtsaltrichter) August 16, 2025 A …
Another wave of closures and layoffs has hit workers and companies tied to commercial transportation, manufacturing, lumber production, distribution and logistics across the U.S. Over the past several weeks, there have been 4,137 job cuts announced, according to media reports …
The job market is completely frozen. pic.twitter.com/n9eh5AnCVV — Spencer Hakimian (@SpencerHakimian) August 3, 2025
Job cuts in the U.S. have topped 806,383 so far in 2025, the highest January‑through‑July total since 2020. Tech, retail and government sectors lead the wave. “We are seeing the Federal budget cuts implemented by DOGE impact non‑profits and healthcare …
In 2008 and again in 2020, similar steep drops in credit were quickly followed by aggressive Fed rate cuts and liquidity injections. This time, we’re seeing the same kind of credit contraction, but the Fed is still holding rates high, …
by Michael What in the world just happened to the job market? The unexpectedly bad numbers that have just come in have truly been a shock to many of us. Yes, we knew that conditions were getting worse during the …
Same jobs lower pay offshore labor surge exposed… I'm just gonna drop this here here: 82% of those roles that Microsoft outsourced were below-market wage according to US DOL data. ALL filed through an Indian firm: Integreon Managed Solutions Pvt …
Layoffs surge 80 percent over last year. U.S. employers announced almost 100,000 job cuts in May, up 47% from the same month last year Read more: https://t.co/eblFmoiRIQ — unusual_whales (@unusual_whales) June 26, 2025 Massachusetts closing in on 5% unemployment is …
Forced attrition replaces pink slips… Yep. Already know of someone in the DFW suburbs who is moving back to Seattle bc of this — Amy Nixon (@texasrunnerDFW) June 25, 2025 The company is not issuing mass emails. Instead, the message …
They’re about to cut another 3,000 jobs next week and here’s who’s getting hit: – Xbox: EVERY division – Sales org: expect hefty cuts – Marketing: chopped up too – Europe ops: pulled out entirely!! This comes just weeks after: …
Not a lot of layoffs… true… only Sep 2008 levels pic.twitter.com/PGYPmR0P04 — Michael Green (@profplum99) June 18, 2025 You’ve gotta be kidding!!! Microsoft is about to lay off another 8,000 people on July 2. That’s 14,000 jobs gone in 2 …
The numbers are staggering:— Microsoft: Paid extra $4.8 BILLION in taxes, fired 16,000+ workers— Meta: Cut 21,000 employees (25% of workforce) after "material" tax increases— Amazon: 27,000 layoffs concentrated in R&D teams— Google: 12,000 cuts despite record profits 2/4 — …
As an employment lawyer who represents fired employees, I get an interesting preview as to how the economy is doing. It's bad, folks. — Kathryn Marshall (@Lawsome_) June 5, 2025 Tons of mass terminations. — Kathryn Marshall (@Lawsome_) June 5, …
🚨BREAKING: Death Sentence Delivered: Hudson’s Bay to Execute 8,000 Jobs by June 1 🔹 80 stores nationwide to close🔹 ~8,340 jobs (89 % of workforce) axed by June 1🔹 Another 899 cuts by June 15; only 120 retained to oversee …
Watch about 5 minutes is all you need. Basically he talks about these big tech companies going all in on ai and then automating their employees out. Employees laid off and they don’t buy that companies products. So company lays …
from Kerry Lutz’s Financial Survival Network As layoffs quietly escalate across major U.S. corporations—Microsoft, UPS, Facebook, Dell, Oracle, Boeing, and more — Robert Ian explores what these job cuts really mean for the broader economy and your financial future. Drawing parallels to the …
BREAKING: Walmart $WMT announces 1,500 layoffs as tariff impacts begin to hit. https://t.co/mp7kc3GgK6 — Financelot (@FinanceLancelot) May 22, 2025
Microsoft just slashed jobs again. Not because it’s in trouble—but because it can’t pass rising costs to customers. CPI came in “cool”… but it’s not good news. It’s proof the economy is too weak to handle cost pressures—so firms are …
Are you prepared for the massive job losses that are coming to certain industries?! In this video, we’re going to explore the industries that are most at risk of job losses and what you can do to protect yourself from …
Big Oil says the music has stopped playing in Texas. CapEx plans RIP. New drilling RIP. Layoffs next. pic.twitter.com/OhB16MxTXo — Spencer Hakimian (@SpencerHakimian) May 7, 2025 What did I warn about last night? Why do you think OPEC increased production …
And now, it is showing up in the hard data. Credit card transactions began falling in a highly unseasonal manner in the last week of April. Spending slows down, layoffs speed up. It’s just that simple. pic.twitter.com/I7zBVDie5u — Spencer Hakimian …