Its Over, page-21746

The Kansas City Federal Reserve National Labor Market Index (LMCI) - decreased sharply in April on higher unemployment, worsening forward-looking jobs data, and a steep decline in job openings. Cuts in September?
https://x.com/MacroEdgeRes/status/1788728327257076164

* ASM Global will eliminate over 1,000 jobs in Rhode Island, per state regulator filing

* Vacasa will lay off around 800 employees. Short term rental company Vacasa is undergoing its fourth round of layoffs, reports after the bell

* The Wild Wing Cafe restaurant chain is facing a forced liquidation in bankruptcy court, would result in about 750 job cuts

* Grocery Delivery E-Services (HelloFresh) is laying off 727 employees in Georgia

* The $55 billion California wine industry is experiencing its largest and sharpest downturn since the 2008 Financial Crisis Wine industry experts expect to see a ‘breaking point’ hit this year.
https://x.com/MacroEdgeRes/status/1788401859411022142

* FedEx will be shutting down 7 Service Centers, resulting in hundreds of job cuts

* Westlake Royal Building Products, a manufacturer of exterior and interior home building products, is laying off around 20% of its workforce

* Staples Corporation is reportedly gearing up for another round of job cuts, targeting its B2B sales teams in particular

* Tesla has reportedly removed all job openings across the company’s Career page