marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
layoffs
01/27/2023
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By JD Heyes
Tech sector collapse continues in Bidenflation economy as Google latest to announce thousands of layoffs
The technology sector under Joe Biden’s inflationary economy continues to downsize rapidly, and it doesn’t look like it’s going to rebound any time soon, with Google becoming the latest to announce massive layoffs. The division of Alphabet announced this week that the company would be laying off 12,000 people, many of them in senior positions […]
01/11/2023
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By JD Heyes
Biden’s economy: After two years of Democratic economic policies, major companies continue to shed employees
The economy created by former President Donald Trump and, with some minor assistance, a GOP-controlled Congress (when the establishment RINOs weren’t fighting him as hard as Democrats) was top-notch, growing, and working for the vast majority of Americans. Then, along came February 2020, a presidential election year, and a Chinese-created virus that created a global […]
01/10/2023
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By Mike Adams
A job-destroying economic vortex has just been unleashed: Large-scale layoffs will accelerate through 2023, impoverishing millions
Just as we predicted last year, a wave of layoffs has already begun in early 2023 with large workforce reductions announced across crypto, finance, real estate, transportation and Big Tech. Just today, crypto exchange giant Coinbase announced it’s cutting 20% of its workforce (about 950 positions) due to the FTX fallout that’s already ensnaring Gemini […]
11/17/2022
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By Cassie B.
Amazon to fire 10,000 employees in biggest layoff in company’s history
Amazon plans to fire around 10,000 employees in corporate technology roles in what may be one of the biggest layoffs in the company’s history as mass firings throughout the tech industry continue to add up. Insiders who have direct knowledge of the planned job cuts say they will be focused on its retail division, human […]
11/03/2022
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By JD Heyes
Almost 40% of small businesses couldn’t pay rent in October, as Bidenflation endangers half the U.S. workforce
Joe Biden loves to claim that job growth during his first two years in office has set a record. It’s true, tens of millions of Americans have gone back to work during his term. But what’s also true is that the vast majority of the jobs were simply being refilled after they were ‘lost’ due […]
09/23/2022
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By News Editors
Economic collapse has arrived in Germany. Will the U.S. be close behind?
Things are starting to get really crazy in Germany. The Germans are dealing with the worst inflation crisis that they have seen since the days of the Weimar Republic, and meanwhile economic activity is starting to shut down all over the nation. Of course other European countries are facing similar problems, but Germany was supposed […]
04/03/2020
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By Franz Walker
Jobless claims spike to 6.6 million, doubling last week’s record, as layoffs mount amid coronavirus pandemic
A record-shattering 6.6 million jobless claims were filed last week, according to the Department of Labor’s (DOL) weekly jobless claims report. This is more than double the number reported in the previous week, which itself also broke records. The week before, the DOL already reported a then record-setting 3.2 million jobless claims for the week, thanks to […]
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