As reported by the Washington Post on Thursday, new data from corporate outplacement firm Challenger, Gray & Christmas found that employers in October announced 153,000 job cuts, which marked the highest number of layoffs in that month since October 2003.
John Challenger, the CEO of Challenger, Gray & Christmas, told the Post that the huge number of October layoffs showed the economy was entering “new territory.”
“We haven’t seen mega-layoffs of the size that are being discussed now—48,000 from UPS, potentially 30,000 from Amazon—since 2020 and before that, since the recession of 2009,” he explained. “When you see companies making cuts of this size, it does signal a real shift in direction.”
Headline was hard for my brain. I was like why 2003? I understand now. Can we also not forget the half a mill tech jobs that died under Genocidin? Trump is a bitch, for sure. So is Joe and Kamalat.
You mean the job losses due to the lockdowns and atrocious COVID handling of Trump? The ones that you’re trying to blame on Biden? Yet interestingly you’re only resolving for childish name calling for one side…
Fuck off with your bad faith
argumentlies.Basic Math: 1000000 > 500000
Pretty sure you are bad at math and a whole lot more.