With Elections Over U.S. Multinationals Begin Announcing Job Cuts – IOTW Report

With Elections Over U.S. Multinationals Begin Announcing Job Cuts

CTH: There was always a strong suspicion the woke corporations were holding back negative employment intentions until after the midterm elections.

Well, as expected, the U.S. multinationals are starting to announce advanced downsizing.

(CNBC) – Tens of thousands of tech workers have been laid off within days, as tech giants including MetaTwitterSalesforce and others shed headcount going into the final stretch of the year. At least 20,300 U.S. tech workers were let go from their jobs in November, and more than 100,000 since the beginning of the year, according to Layoffs.fyi, which tracks layoffs in the field.

Tech workers reported huge drops in confidence in their job security through the summer, as news of layoffs, hiring freezes and rescinded offers put a damper on what’s so far been a worker-driven Covid pandemic recovery. MORE

10 Comments on With Elections Over U.S. Multinationals Begin Announcing Job Cuts

  1. What you need to know about Anthony Scaramucci

    “Anthony Scaramucci is among the foremost names in global finance. The lifelong Long Islander and part-time Hamptonite [Ed note: Bahamas alot] is a mover-and-shaker, whose epert insight and entrepreneurial acumen is sought by those whose decisions shape our world and keep the economy afloat.”

    YAHOO FINANCE
    “Scaramucci says if GOP goes with Trump in 2024 he’ll ‘liquidate’ the party”

    Additional Notes:

    Looks like ‘He Did It’

    Ha Ha
    Charades You Are

  2. If the Great Reset succeeds, 70% of them will be dead by 2025. That’s the target for the U.S. The dead don’t need jobs, but they may need to keep voting for a bit.

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  3. Sounds like those tech workers who participated in silencing their customer’s right to free speech, should lose their job, their house, their cars, everything. I hope they all head back to India, they can get a job in a scammer’s call center, they’ve had lots of practice scamming.

  4. @Anonymous November 13, 2022 at 8:11 pm

    > Time to start talking seriously about secession.

    Anyone (which, yes, means everyone) that talks “seriously” about “secession”, need to be reminded to breathe. Not because of “secession”. But because they need to be reminded to breathe.

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