..as reported by MacroEdge the past 2 days. Danone will layoff...

..as reported by MacroEdge the past 2 days.

Danone will layoff over 2% of its workforce in the United States, impacting over 1,000 employees

Bridgestone Tire announces mass layoffs at Des Moines plant

Newrez, a mortgage lender, will lay off hundreds of employees as mortgage activity fails to rebound

U.S. employers announced plans to hire 4,326 workers in May, the lowest total for the month on record, per Challenger

Revel Transit Inc., a New York-based electric vehicle ride-hailing startup, plans to lay off over 1,000 employees  [ Elon, are you watching this? ]

Zachry Industrial will layoff 4,072 employees in Sabine Pass, Texas per a filing with the state regulator

Hino Motors Manufacturing announces closure of Marion, Arkansas, plant, affecting 1,300 workers

Nike is eliminating another 2% of its global workforce, or around 2,000 employees

The Beverage Works NY, Redbull’s largest distributor, will eliminate hundreds of jobs

Bloomberg Economics is estimating that 2023 monthly nonfarm payrolls is overstating job gains by over 730,000, with “hiring maybe even falling below zero in October”  [wow!]
https://x.com/MacroEdgeRes/status/1797982636838932861