Independent thinking for complex markets and current events
2024 has already exceeded last year’s gaming layoffs — and at twice the pace More developers are pessimistic on the market and see a lack of understanding from investors as the biggest culprit Live services are integral to bottom lines and have informed recent M&A deals, but they come with unrealistic expectations The first quarter …
In June, construction industry saw largest increase in layoff announcements per @ChallengerGray … hasn't seen a spike that large since September 2007 pic.twitter.com/6zee9KAtVf — Kevin Gordon (@KevRGordon) July 3, 2024 Continuing claims a new cycle high Approaching 1.9mm #MacroEdge https://t.co/sDxirI4NOC pic.twitter.com/Rod0M3P2mT — Don Johnson (@DonMiami3) July 3, 2024 Nice little pop in job openings in …
California-sized layoffs for Texas today pic.twitter.com/BYj9NyQpus — WarnTracker 2.0 (@j77324) June 6, 2024 They went bankrupt . https://t.co/h8b5OBB6gn — WarnTracker 2.0 (@j77324) June 6, 2024
The tech industry is undergoing a round of layoffs. Microsoft (MSFT) has confirmed it will be introducing a workforce reduction, and Alphabet’s Google (GOOG, GOOGL) is reportedly looking to follow suit. Yahoo Finance’s Dan Howley explains the motive for the job cuts despite strong balance sheets. https://finance.yahoo.com/video/microsoft-initiate-layoffs-google-reportedly-153212793.html Microsoft is 1,500 and Google over 100 https://www.dailyjobcuts.com/
Disney’s Pixar division is in deep, deep trouble. Flop after flop after flop has plagued this once infallible brand, which leaves the single option a Hollywood that has run entirely out of fresh ideas and talent has: reboots and sequels… [Pixar president Jim] Morris’ strategy to turn things around involves balancing original movie ideas with …
Two Middle Tennessee companies laying off combined 1,800 workers NASHVILLE, Tenn. (WZTV) — More layoffs are hitting Middle Tennessee as two Midstate companies plan to let go of nearly 2,000 workers combined. National Aerospace Solutions, LLC (NAS) in Tullahoma filed an official WARN Notice with the Tennessee Department of Labor and Workforce Development on Wednesday. https://wcyb.com/news/local/two-middle-tennessee-companies-laying-off-combined-more-than-1800-workers-national-aerospace-solutions-tullahoma-sodexo-live-nashville-tennessee-department-of-labor-and-workforce-development
BREAKING: Google, $GOOGL, has started to layoff hundreds of ‘core’ employees and has started hiring for the same roles in cheaper countries like India and Mexico, per CNBC — unusual_whales (@unusual_whales) May 1, 2024 Just ahead of its blowout first-quarter earnings report on April 25, Google laid off at least 200 employees from its “Core” …
https://www.youtube.com/watch?v=aVv4Ev-zWLE 1 in 4 Worry They’ll Lose Their Job In the Next Year. “The anxiety among American workers appears justified. Biden and his Democrat allies at the state and local level have made immigrant employment a top policy priority — a move that has suppressed the wages of American workers — in the name of combating …
Once seen as the future of sustainability and advanced technology, the electric vehicle industry is currently facing a major disruption. The cause of this disruption is Tesla, a leading company in the electric vehicle revolution. Recently, Elon Musk, the innovative CEO of Tesla, announced a series of notable layoffs, which has caused widespread speculation and …
That's a whole lot of construction employees… 🚈 — Don Johnson (@DonMiami3) April 21, 2024 Manufacturing Capacity Utilization w/12mma lag decreased to 78.97% in March pic.twitter.com/wv8uiHAuqE — MacroEdge (@MacroEdgeRes) April 21, 2024 Intriguing. pic.twitter.com/jY5G19CaT0 — Don Johnson (@DonMiami3) April 21, 2024 h/t DesmondMilesDant
via Noi Mahoney of FreightWaves Layoffs continue across the freight and logistics industry, with companies in Florida, Georgia, Illinois, Michigan and Texas announcing job reductions and facility closures over the past two weeks. Universal Logistics Warren, Michigian-based Universal Logistics is permanently shuttering two of its subsidiaries and laying off a total of 677 employees, according to …
via naturalnews Tech giant Apple is set to lay off more than 600 employees in its California offices, marking its first major wave of job cuts after the Wuhan coronavirus (COVID-19) pandemic. According to the Epoch Times, 614 employees across multiple Apple offices in Santa Clara, California will be impacted by the impending job cuts. …
The fast food industry is currently undergoing a major shift that is causing many layoffs for crew members and managers across the country. Many workers are losing their jobs as corporations try to cut costs, streamline operations, and adjust to changing consumer habits. This is happening across all sorts of fast food chains, including burger …
28,577 job cuts this month so far, our highest week since we began tracking data in September #MacroEdge pic.twitter.com/qWRmCEoscN — MacroEdge (@MacroEdgeRes) April 5, 2024 Although the most recent U.S. Bureau of Labor Statistics employment report issued Friday showed that the unemployment rate “changed little” last month, a separate report found that layoffs reached a …
by Rufus Juice And what did we think was going to happen? Restaurants operate on razor thin margins. Its why the forced closures of Covid closed so many – forever. Mandating people close doors – Closes doors forever. Mandating unsustainable wages – Closes doors forever. Other chains have already raised prices this week – foot …
This result shouldn’t surprise anyone. Inflation has driven up operational costs for businesses across the US and shrunk profit margins for major food chains in the past few years. This has led to higher menu prices (like the “$18 Big Mac”) and slowing sales for every major fast food company. Another anchor dragging on the restaurant …
Unemployment and supply of homes are correlating higher now as well pic.twitter.com/cfgrH7wAsT — The Coastal Journal (@1CoastalJournal) March 26, 2024 The real estate rollercoaster is hitting some unexpected twists and turns, with February delivering a double whammy of unsettling news. Brace yourselves: layoffs have skyrocketed a jaw-dropping 410% compared to last year, hitting levels not …
Looks like they’ve reached the Last Resort 😬 pic.twitter.com/ykDP2IsekD — Rho Rider (@RhoRider) March 22, 2024 $AAPL Apple employs approximately 12,000 engineers, designers, and marketers, excluding store and support staff. In the 3rd quarter, the company allocated $7.69 billion towards R&D, amounting to $641,000 per employee over 3 months or $7,000 per employee per day. …
A conservative fund manager has pulled investments from Tyson Foods, saying the meat and poultry giant has alienated its consumers by laying off Americans workers and hiring 42,000 asylum seekers. Bill Flaig, CEO and co-founder of the $79 million American Conservative Values Fund (ACVF), told DailyMail.com that he has divested from Tyson and won’t buy …
Manufacturing is dying…inflation is broadening…and the kids are trading a coin called “Joe Boeden” https://t.co/j5rTZY0CMz pic.twitter.com/V7mwSuLUc0 — Will DeCotiis (@Will_DeCotiis) March 15, 2024 The latest data from the U.S. NY Empire State Manufacturing Index paints a grim picture, with March’s figures plummeting to -20.9, indicating a rapid decline in the sector. Every indicator spells trouble: …
Everything is fine … 🔥🔥🔥 pic.twitter.com/pSgXhkJunI — Wall Street Mav (@WallStreetMav) March 8, 2024 February 2024 witnessed a distressing surge in layoff announcements, marking the highest for the month since the global financial crisis of 2009, according to a report by Challenger, Gray & Christmas. The total of 84,638 planned job cuts represents a 3% …
Aggressive Layoffs Coming By March, Economy On Last Legs | Danielle DiMartino Booth with The David Lin Report Companies could be expected to ramp up layoffs come March, according to research by Danielle DiMartino Booth, CEO of QI Research. https://www.youtube.com/watch?v=ovXaIFPy-ks
"Bloodbath" of layoffs in mainstream media as 20,000 fake news activists must now learn to install drywall. What's driving it? A collapse of trust. A record 40% of Americans have zero trust at all in corporate media. Instead, Americans are turning to alt-media on X/Twitter,… pic.twitter.com/Mx0QVHgPFm — Peter St Onge, Ph.D. (@profstonge) February 5, 2024 …
by Michael Wow, our economic problems really are starting to accelerate at a shocking pace. I know that I have been writing about layoffs a lot lately, but what is happening to the employment market right now is definitely big news. Day after day, more large companies are announcing mass layoffs. Why would all of these …
Ex-Google TechLead on what the tech layoffs mean for software engineers. https://www.youtube.com/watch?v=l222fIkesAY
In a perplexing turn of events, the tech industry is witnessing a paradox where soaring stock values on Wall Street stand in stark contrast to a surge in layoffs. January 2024 has set a troubling record, with 23,670 workers facing layoffs from 85 tech companies, marking the highest monthly figure since March of the previous …
The LATimes newsroom today. What’s missing https://twitter.com/MaxKillcount/status/1750368730155258030 This video from @TaylorLorenz about the potential collapse of journalism is deeply important. Especially over the past 48 hours “I don’t think people understand how bad the world would be without journalists” “I don’t want to live in a world where all of the news is delivered… pic.twitter.com/W2QPUtTNTu …
I’ve been laid off from my job as a columnist for the LA Times today, with 100 of my best colleagues. It’s a dark day. I was the only Latina columnist for the opinion desk. Trump is looming & I’m author of Hatemonger. If you're hiring, I’m at jeangue619@gmail.com — Jean Guerrero (@jeanguerre) January 23, …
