David Morgan: Massive Lay-Offs During A Strong Recovery?
If the U.S. economy is “booming” and if very bright days are ahead, then why are many large U.S. corporations laying off thousands of workers?
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“Everything Is Under Scrutiny”: 38,000 Layoffs Across Auto Industry May Only Be The Beginning
Auto companies globally are contemplating life where global production has greater downside risk than upside. The chopping may not be over for Ford…
Continue readingBefore The Recession Has Officially Begun, Large U.S. Firms Are Laying Off Thousands Of Workers
And just like that, now another 1,000 people do not have a way to support themselves and their families…
Continue readingTrump Says Ford Pledges 55,000 Opportunities, Ford Says Cutting Hundreds Of US Jobs This Week
Yet another Trump MAGA lie exposed as Ford announces it’s cutting 7,000 jobs, starting with hundreds in the US this week. Here are the details…
Continue readingLior Gantz: The World Is Being Prepared, We Are Hitting Peak Productivity
A recession’s imminent, we’re at peak productivity, and the labor market’s tight. The only option for companies to continue to profit will be to lay off workers..
Continue readingMinimum Wage Hike DISASTER! The Truth You’re Not Being Told
This misconception perpetuates the very thing creating the problem in the first place. Mass centralization and control of the populace and it works…
Continue readingRetail Layoffs 92% Higher In 2019: Now Even Wal-Mart Is ‘Quietly Closing Stores’
Major retailers are laying off tens of thousands, and it looks like this will be the worst year for store closings in U.S. history. Here are the details…
Continue readingUS Job Cut Announcements Rise To The Highest Level In More Than 3 Years
Layoff announcements are coming fast & furious, and the speed at which workers are being laid off is shocking a lot of people. Here are the details…
Continue readingThe Trade Deficit Is Still Exploding, Factories Are Still Closing & US Jobs Are Still Moving Overseas
Many had been hoping that we could start to turn things around, but the long-term trends that are gutting the U.S. economy continue to get even worse…
Continue readingMASSIVE LAYOFFS: The Auto Bubble Is Bursting!
Problems continue to mount as many factories close their doors due to vast bank and government interference as well as financialization of markets…
Continue readingEconomic Slowdown: Tesla Announces 2nd Round of Mass Layoffs & Reduced Production
Did Elon’s recent email just signal the beginning of the end for Tesla? The email was not positive. Not one bit. Here are the details…
Continue readingGreg Hunter: President Trump Eyeing Emergency Executive Order To Build $7 Billion Border Wall
Greg has a very important update this week covering everything from NY’s new full-term abortion law to the Southern border wall…
Continue readingThe Coming Recession Will Be Unevenly Distributed
Households, enterprises and organizations that have no debt, a very low cost basis and a highly flexible, adaptable structure will survive and even prosper…
Continue readingMichael Snyder: 2019 Is Going To be Much Worse Than You Think…
Michael says the start of a new year is supposed to be about hope, but the really bad news is that things are likely to get even worse in 2019. […]
Continue readingMore Global Economic Woes: Jaguar Land Rover To Axe Thousands Of Jobs As Auto Demand Drops
Falling auto sales in China an Europe are taking their toll. Here’s the latest car company to announce major layoffs amidst the global slowdown…
Continue readingTwo-Thirds Of Americans Think They’re Middle Class, But Millions Of Them Are DEAD WRONG
The middle class has been steadily shrinking, but most Americans still believe that they are a part of it. Millions of them are dead wrong. Here’s why…
Continue readingWorld’s Largest Cleaning Company To Fire 100,000 Workers
The global synchronized slowdown catches up to the world’s largest cleaning company. Here are the details…
Continue readingWhy Tariffs Won’t Create Jobs Or Help The Auto Industry
The main US car-producer association is saying the economic fallout may include the loss of 700,000 jobs across the country. Here’s why…
Continue readingIs Ford About To Announce A Massive 25,000 Jobs Cut? This Morgan Stanley Report Thinks So
Morgan Stanley has just published a report that further justifies the short-term bull case for autos while possibly infuriating Trump. Here are the details…
Continue readingPresident Trump, Mnuchin Call For GM To Pay Back Federal Bailout
GM is facing political backlash from their recent decision to close several North American plants and layoff nearly 15,000 employees. Here are the details…
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