Current Events > amazon just began mass layoffs too

(+) Yeah! (+)

Huh? Its not a political thing. Just companies protecting their profit margins and value for shareholders during an upcoming recession. These companies saw a boom during the pandemic and grew too much in a not so natural way. Now the balloon has popped and whats in the horizon is not looking pretty for corporations.

jesse what the fuck are you talking about

did you know that there was a leaked memo where a bank executive saying that hopefully there'd be a recession soon so employees lost leverage?

Then after said memo the same bank kept announcing there would be a recession next month, and it never happened, so they kept apologizing and re-adjusting their announcements while saying the recession would come the following month, for years, it hasn't happened yet.

Did you know oil is not bought every day? These are usually contacts closed and paid for weeeellllll in advance. Yet the oil prices seem to spike the next day over any stupid excuse in the news.

A lot of this stuff is political, we just don't see it

I meant not political in the sense that its not necessarily an attack on democrats? But of course all these people want a recession so they can hit reset and widen inequality.

** companies and banks announce that a recession is coming for 2 years straight, it never quite happens,

I stopped reading there.

If I can prove it, will you close your account @pepys_monster ?

We had two consecutive quarters of negative GDP growth April 1st, 2022. That's defines a recession. Posting a clip of Biden in denial isn't proof there isn't a recession.

If their goal was to get Dems out of power, why did they wait until a few days after the midterms to lay off tens of thousands of people? Why not do it literally one or two weeks prior?

I'd ignore TC at this point. He ignored post #9 where I said virtually the same thing. He's clearly trolling.

did you know that there was a leaked memo where a bank executive saying that hopefully there'd be a recession soon so employees lost leverage?

Right now this is so far from the truth. I mean, it depends on your field, but employees have all the leverage in the world right now. Despite the layoffs in some sectors, there are some jobs that can't be filled fast enough. The fact that we are going into a working population decline with Boomers retiring will only further the employee's leverage in the future.

Right now this is so far from the truth. I mean, it depends on your field, but employees have all the leverage in the world right now. Despite the layoffs in some sectors, there are some jobs that can't be filled fast enough. The fact that we are going into a working population decline with Boomers retiring will only further the employee's leverage in the future.