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nippy

10,800 Posts.

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19/04/24

14:34

Post #: 73427393
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Originally posted by 1ronnie: ↑

A Boeing representative has confirmed that the company will be laying off hundreds of employees

...all these reported by MacroEdge in the last 48 hours.

...I don't take joy in highlighting these, but intention here is to open your eyes and ears to know what is actually happening, and not just listening to headline news.

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Cisco has reportedly tapped McKinsey to analyze redundancies

Nike will reportedly lay off around 1,100 employees in its next ‘Phase’ of job cutting

UBS plans next round of layoffs Raymond James is reportedly laying off employees

Rivian is commencing another round of layoffs, its second this year amid news that it is delaying Georgia factory plans

Toshiba will layoff 5,000 employees, or around 10% of its total workforce

Wayfair is reportedly undergoing another round of job cuts that will result in significant offshoring of its sales capabilities

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Demand destruction has this effect and of course the layoff's result in even more demand destruction and the vicious cycle accelerates.
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0 Great analysis

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