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Two companies in two weeks have announced 10,000+ layoffs. Rumor is Ford is about to as well.
by dd36 8y ago
Two companies in two weeks have announced 10,000+ layoffs. Rumor is Ford is about to as well.
- AlexTWithBeard 8y agoInteresting observation that both companies have strong unions. It's too early to imply a reliable correlation (not even mentioning causation), but surely something to watch after...
- jayess 8y agoSo what? Far more new jobs than that have been created.
- dd36 8y agoAnnouncing huge layoffs is not a positive market indicator. Similar to inverted yields, massive market drops or VIX growth, it is indicative of a wind shift.