marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
layoffs
07/04/2024
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By Cassie B.
John Deere laying off hundreds more workers in the Midwest and shifting production to Mexico
Farm equipment manufacturer John Deere has announced another round of layoffs due to the slowing American economy and a reduction in demand that is prompting them to shift their production to Mexico. The company, which is the top seller in the world of tractors and crop harvesters, has given 610 production staff at its Iowa […]
04/09/2024
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By Ava Grace
Apple announces LAYOFFS of more than 600 workers
Tech giant Apple is set to lay off more than 600 employees in its California offices, marking its first major wave of job cuts after the Wuhan coronavirus (COVID-19) pandemic. According to the Epoch Times, 614 employees across multiple Apple offices in Santa Clara, California will be impacted by the impending job cuts. “The company did not […]
04/02/2024
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By Ava Grace
Ford drastically cuts EV factory workforce as electric car sales plummet
About 1,400 workers at a Ford factory in Michigan that makes the F-150 Lightning will move to new jobs or take retirement packages as sales of the fully electric pickup trucks decline. Ford began the year by cutting production of the F-150 Lightning following significantly weaker-than-expected sales growth in electric vehicles. While EV sales are growing in […]
02/23/2024
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By Laura Harris
Google faces backlash over MASS LAYOFFS in January despite company’s financial success
Tech giant Google has once again come under fire after conducting another round of mass layoffs in January to streamline operations and allocate more resources to artificial intelligence (AI). The job cuts, which affected a thousand employees, included hundreds of workers in the voice assistant sector, hardware teams responsible for Pixel, Nest and Fitbit products, augmented reality, engineering […]
02/02/2024
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By Cassie B.
Fake news corporate media is imploding as Los Angeles Times announces massive layoffs amid “financial crisis”
The Los Angeles Times has laid off at least 115 journalists in a massive layoff that accounts for just over 20 percent of its newsroom. The move comes as the company struggles to cope with a “financial crisis.” The head of their union, the Media Guild of the West, Matt Pearce, said that 94 of […]
01/23/2024
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By Olivia Cook
YouTube lays off 100 employees amid wider job cuts at parent Google
Search engine giant Google has confirmed another round of layoffs – this time 100 employees on its video platform YouTube. Multiple media outlets reported on Jan. 17 that the tech giant told employees at YouTube’s operations and creator management teams of the job cuts via an internal memo. Their positions were reportedly being eliminated “to […]
12/22/2023
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By Ramon Tomey
Woke Disney hits major roadblocks on its centennial anniversary
The Walt Disney Company has encountered major roadblocks on its 100th anniversary, mainly of its own making as it pivoted toward wokeism. The entertainment giant’s issues began when its incumbent CEO Bob Iger returned, following the departure of his predecessor Bob Chapek. Incidentally, Iger headed Disney prior to Chapek taking over. According to Iger, he […]
12/13/2023
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By Laura Harris
Dual strike of writers and actors caused a 17% DROP in Hollywood workforce
Employment in the entertainment industry of the Greater Los Angeles area has experienced a 17 percent decline since the onset of the dual strike of the Writers Guild of America (WGA) and the Screen Actors Guild-American Federation of Television and Radio Artists (SAG-AFTRA) This is according to a study conducted by the Otis College of Art […]
11/07/2023
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By Ethan Huff
Financial failure? Nation’s largest banks just cut 20,000 jobs
A record 20,000 jobs have been shed from the U.S. banking sector, which means a major financial calamity is in the works. America is already technically in a recession, though they redefined that word a few years back to stretch out the collapse, which will soon become more of a depression, if not much worse. […]
11/02/2023
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By Ramon Tomey
McDonald’s records increase in PROFITS – thanks to HIGHER PRICES of menu items
Fast-food giant McDonald’s has reported an increase in profits for the latest quarter, which it attributed to “strategic menu price increases.” On Oct. 30, the Golden Arches said it earned a total of $6.69 billion in revenue for the three-month period ending Sept. 30. That amount represents a 14 percent increase from the previous quarter’s revenue […]
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