shtf
populationcollapse
debtcollapse
starvation
disaster
chaos
foodcollapse
jobs
04/07/2023
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By Arsenio Toledo
Recession fears surge as new job creation slows down, jobless claims rise
Investors are once again concerned that the economy of the United States could dip far enough into a recession as recent jobs data shows a slowdown in new job creation and an increase in jobless claims. According to the Department of Labor‘s report, job openings slipped to 9.9 million in February, the lowest since May 2021. This is […]
03/29/2023
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By Arsenio Toledo
Disney to begin mass layoff of 7,000 employees this week
The Walt Disney Company announced on Monday, March 27, that it already began letting go of 7,000 of its workers in a mass layoff the company announced earlier this year. Chief Executive Officer Bob Iger said the layoffs are necessary for the company to control costs and create a more “streamlined” business. The job cuts were initially […]
03/14/2023
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By Arsenio Toledo
SHUTTING DOWN: General Motors offers buyout to 35k salaried workers in Michigan in an attempt to reach $2B in cost savings
The majority of General Motors’ salaried workers were offered voluntary buyouts as the automotive company struggles to cut $2 billion from its costs. GM has approximately 58,000 salaried employees in the United States, around 60 percent of whom work in Michigan across 25 facilities and offices in the state, including GM’s global headquarters at the […]
03/13/2023
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By Arsenio Toledo
Jobless claims soar to five-month high as recession signals blare
Signs of a recession are once again blaring as the number of Americans filing new claims for unemployment benefits increased by the biggest margin in five months. Initial weekly claims for state unemployment benefits rose by 21,000 to a seasonally adjusted 211,000 for the week that ended on March 4. This is the largest recorded […]
02/22/2023
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By Belle Carter
Internal sources: Apple secretly firing contractors to cut costs despite job security assurances by CEO
Sources from within tech giant Apple disclosed that the company has been quietly axing contractors to cut costs. The revelation came amid previous assurances from Apple CEO Tim Cook that layoffs would be a “last resort.” The Cupertino, California-based company resorted to this move to avoid mass retrenchment of direct hires. Other companies such as Amazon, […]
02/13/2023
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By Belle Carter
Layoff saga continues as 12 more companies announce mass employment terminations
The U.S. economy is still trapped in the midst of a looming collapse as more companies recently announced mass retrenchment, a clear indication that the tsunami of layoffs that started late last year is continuing to accelerate. During the State of the Union Address, President Joe Biden boasted about the creation of 517,000 jobs in January – surpassing […]
01/10/2023
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By Mike Adams
A job-destroying economic vortex has just been unleashed: Large-scale layoffs will accelerate through 2023, impoverishing millions
Just as we predicted last year, a wave of layoffs has already begun in early 2023 with large workforce reductions announced across crypto, finance, real estate, transportation and Big Tech. Just today, crypto exchange giant Coinbase announced it’s cutting 20% of its workforce (about 950 positions) due to the FTX fallout that’s already ensnaring Gemini […]
12/07/2022
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By Belle Carter
Amazon to fire 20,000 employees – the largest staff reduction in company’s history
People with knowledge of the matter have confirmed that multinational e-commerce and tech giant Amazon will be laying off 20,000 of its employees, including top managers, data scientists, software engineers and other corporate workers. This represents the largest staff reduction in the company’s history. The latest update from sources, who requested anonymity because they were […]
12/06/2022
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By Belle Carter
Corporate America fires 13% of workforce, creates fewer jobs amid recession fears
Giant companies in the U.S. resorted to mass layoffs in preparation for an eventual economic recession. Moreover, they were also slow to hire and create jobs over the past few months. In October alone, 13 percent of employees were laid off – the highest jump since February 2021. Job creation and hiring also slowed down […]
12/01/2022
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By Arsenio Toledo
Tech layoffs nearing levels not seen since the Great Recession
The number of people fired from Big Tech companies this year is nearing annual levels not seen since the Great Recession. The worsening economic situation in the United States has made Big Tech companies turn to mass layoffs as a way of making sure their profit margins remain stable. In November alone, more than 50,000 workers […]
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