..so we have a full time jobs recession and a part time jobs boom?
And an under 4% unemployment rate?
Latest List of Layoffs Over Last 4 Months:
1. Twitch: 35% of workforce
2. Hasbro: 20% of workforce
3. Spotify: 17% of workforce
4. Levi's: 15% of workforce
5. Zerox: 15% of workforce
6. Qualtrics: 14% of workforce
7. Wayfair: 13% of workforce
8. Tesla: 10% of workforce
9. Duolingo: 10% of workforce
10. Washington Post: 10% of workforce
11. Snapchat: 10% of workforce
12. eBay: 9% of workforce
13. PayPal: 9% of workforce
14. Business Insider: 8% of workforce
15. Charles Schwab: 6% of workforce
16. Macy's: 4% of workforce
17. Blackrock: 3% of workforce
18. Citigroup: 20,000 employees
19. UPS: 12,000 employees
20. Cisco: "Thousands" of employees
In 2024, we have already seen 74,000 tech layoffs alone with well over 200,000 across all industries.
Last month, the US added a whopping 691,000 part-time jobs while LOSING 6,000 full-time jobs.
