A hub for independent voices and hard truths
This expansion includes costs associated with workforce reduction due to automation, centralization and simplification, and corresponding facility costs related to a reduction of our real estate footprint globally. On an overall basis, the expansion is expected to result in a …
More mass layoffs, this time at $UPS https://t.co/qLD0SlWzdE — Markets & Mayhem (@Mayhem4Markets) April 29, 2025 UPS to cut 20,000 jobs, close dozens of buildings due to lower Amazon volumes UPS’s stock jumps after earnings beat expectations, but full-year outlook …
In an ominous harbinger for the ISM manufacturing release later this week, the new order components of the regional Fed PMIs have collapsed deep into recessionary territory. pic.twitter.com/kjt4jiFGYQ — Peter Berezin (@PeterBerezinBCA) April 28, 2025 I speak with many CEOs …
via Mike Shedlock: In a rare, unified message, auto groups warn Trump about tariffs. CNBC reports Auto groups lobby Trump administration against parts tariffs Six of the top policy groups representing the U.S. automotive industry are uncharacteristically joining forces to lobby …
They’re the fixers, the ones who step in when Affordable Care Act enrollees have a problem with their coverage, like a newborn incorrectly left off a policy or discovering that a rogue broker had signed them up or switched their …
The pressure is not just building. It is bursting through the seams. More than 5,300,000 student borrowers are now in default. Another 4,000,000 are about to be hunted down when federal collections resume on May 5. These are not small …
https://www.youtube.com/watch?v=R9IYckUq64A https://www.youtube.com/watch?v=DNDHHwLW6sE https://www.youtube.com/watch?v=zCNu5dWcQKo https://www.youtube.com/watch?v=oTo4FJ44Fwc https://www.youtube.com/watch?v=KXkXMTc73fo
🚨The US labor market is not healthy: The average weekly hours came at 34.2 in March, the second-lowest in 5 years. Americans work the least hours in aggregate since the 2020 crisis and in line with the Financial Crisis. This …
IBM Layoffs 2025: The tech world was shaken this week as IBM announced plans to lay off approximately 9,000 employees across its US operations while simultaneously listing thousands of new positions in India. This strategic shift represents one of the …
by Michael I am trying to find the words to describe the economic carnage that we are witnessing right now. Even before President Trump unveiled his new tariffs, the U.S. economy was rapidly heading in the wrong direction, layoffs were soaring, and stock prices …
by Michael I am trying to find the words to describe the economic carnage that we are witnessing right now. Even before President Trump unveiled his new tariffs, the U.S. economy was rapidly heading in the wrong direction, layoffs were soaring, and stock …
Cell phone tower shut down at elementary school after eight kids are diagnosed with cancer https://t.co/Y5cHATGbNk — Dr Dave Cartland BMedSc MBChB Ex-MRCGP (@CartlandDavid) April 2, 2025 The affected students at Weston Elementary School in Ripon are all under the …
by Michael Have you ever not been able to sleep at night because you are stressed out about your finances? If so, you are certainly not alone. When there is simply not enough money coming in to pay all the bills, …
The damage to the economy is becoming undeniable as we face government layoffs, spending cuts, tariffs, and increasingly strained international relations. The Trump administration’s policies have angered some of our closest allies, deported countless individuals, and led to the harassment …
4/ Trump even stated he wouldn’t rule out a recession in 2025 That added fuel to the sell-off as investors reassess US economic growth Especially under a president who is less focused on short-term economic prosperity pic.twitter.com/M3lDTxZm1Y — Bravos Research …
Officials at agencies throughout the Department of Health and Human Services say they are bracing for steep layoffs, as Secretary Robert F. Kennedy Jr. and his aides are nearing their final decisions on a sweeping restructuring of the department. Decisions …
by Mike Shedlock Union contracts are at the heart of the problem. Chicago coming up. Full Blown Crisis Please note L.A. city budget shortfall grows to nearly $1 billion, with layoffs ‘nearly inevitable’ L.A.’s financial problems exploded into a full-blown crisis …
Feds: pic.twitter.com/WPERDG22oi — bossbabymom1 (@bossbabymom1) February 21, 2025
The Federal Emergency Management Agency (FEMA) has recently faced significant staffing reductions. Over Presidents Day weekend, approximately 200 probationary employees were let go, and the agency is now working on further employee reductions. According to internal emails and interviews obtained …
Some federal employees who have been laid off were reportedly given only 30 minutes to pack their belongings and vacate federal offices. Federal agencies were ordered by Donald Trump to fire mostly probationary staff, with as many as 200,000 workers …
Ai isn’t actually replacing many. Just PR spin for layoffs and declining business — xsoundwaves (@xsoundwaves) January 10, 2025 https://twitter.com/UnfiltdTruth/status/1877533148092735641
Germany’s solar industry is in “a lot of distress” a new report from Financial Times highlighted last week. A slump in consumer demand has led to bankruptcies and layoffs in Europe’s largest rooftop solar market. Many installation and distribution companies …
MSNBC hosts Chuck Todd and Joy Reid have unexpectedly started criticizing Democrats, raising eyebrows as mass layoffs loom following NBC parent company Comcast’s announcement to spin off the network into a new entity called SpinCo. The move comes amid plummeting …
Middle managers are in a tough spot right now. They’ve been a target for layoffs as companies look to lean out their organizations, but that doesn’t look like it’s changing (in the short term). The reduction of middle managers has …
Netflix employees LOSING benefits, Village Roadshow can’t pay their bills, and a set construction company goes OUT OF BUSINESS!
https://www.youtube.com/watch?v=wf9UsVRGHTE
The unemployment level is now higher than where it was when the Fed cut rates (September). pic.twitter.com/epNpEKuaSt — Don Johnson (@DonMiami3) December 9, 2024
