Layoffs are sweeping across American businesses in
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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