a quick glance down headlines shows at least 12 big companies that have announced layoffs within the last 2 weeks…

[WVU82]

Initial Jobless Claims Hit 8 Month Highs, Continuing Claims Jump Ahead Of Payrolls Print | ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

www.zerohedge.com

Jobless claims are now completely decoupled from the headlines payrolls data...

#1 Ultratec Inc. says that it will be laying off more than 600 workers.
#2 Electric truck maker Rivian will be laying off approximately 840 workers.
#3 7-Eleven has announced that it will be eliminating 880 corporate jobs.
#4 Shopify is laying off about 1,000 people.
#5 Vimeo says that it will be eliminating 6 percent of its current workforce.
#6 Redfin will be reducing the size of its workforce by 8 percent.
#7 Compass will be reducing the size of its workforce by 10 percent.
#8 RE/MAX will be reducing the size of its workforce by 17 percent.
#9 Robinhood will be reducing the size of its workforce by 23 percent.
#10 It is being reported that Ford “is preparing to cut as many as 8,000 jobs in the coming weeks”.
#11 Geico has closed every single one of their offices in the state of California, and that will result in vast numbers of workers losing their jobs.
#12 Walmart is eliminating about 200 corporate jobs as it contends with rising costs, bloated inventories and weakening demand for general merchandise.

But it's not a recession remember!

 

[polar80]

But, but Jo Jo says we're all OKBut then again, he has no idea what his name is.

 

[WVU82]

Insiders Are Dumping The Most Stocks Since January As Retail Buying-Panic Re-Emerges​

Steve Bannon on GETTR : WarRoom has been ahead of this for months —- don’t listen to the Biden Regime’s happy talk about the economy or follow Wall Street’s advice about ‘buying-the-dip’ https://www.zerohedge.com/markets/insiders-are-dumping-most-s

Insiders Are Dumping The Most Stocks Since January As Retail Buying-Panic Re-Emerges

gettr.com