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The Bridge
(Total Views: 180)
Posted On: 06/16/2022 12:44:40 PM
Post# of 128079
Posted By: dbergh
Layoffs are sweeping across American businesses in the first half of 2022.

Peloton has already laid off thousands of employees this year. Online car dealer Carvana slashed 12% of its workforce. Even traditionally layoff-resistant companies like
Netflix are making cuts, and now real estate brokerages are cutting hundreds of jobs.

The reason, broadly, is twofold: Business growth is slowing, while labor costs are increasing. The combination is causing American companies across a variety of industries to slash headcount.

https://www.businessinsider.com/layoffs-sweep...uts-2022-5

WOW I'm So glad we have Biden in Charge ! ! !

Joe Biden 2024

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