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Is it just my imagination or has there been a major uptick in layoffs lately?
by yasp 8y ago
Is it just my imagination or has there been a major uptick in layoffs lately?
- wvenable 8y agoThe next recession is on its way.
- mschuster91 8y agoWhile the warning signs are definitely there for a new recession (especially Brexit, the whole Trump vs China fiasco and China's own economical problems), the recent layoff wave that GP alludes to was rather certain "new media" outlets discovering that their business model was not as profitable as thought. The Activision Blizzard case here is just short-sighted corporate greed. "Best financial results in history" but the bonus coffers of the C-level executives are not filled enough it seems.
- fenwick67 8y agoGM had some big layoffs recently as well.
- mschuster91 8y agoI definitely count this one as Trump-caused and not by natural economic causes, though.
- TheGRS 8y agoSteel tariffs will probably have some pretty wide-ranging effects that I don't think we've totally seen yet.
- mschuster91 8y agoSure but they're the first thing I expect a Democrat-led government overturning in 2020. The only thing saving us from an all-out (trade) war is that international leaders are wise enough to see Trump as a temporary disturbance which has to be endured for only one and a half more years until sanity takes place in the US government again.
- TheGRS 8y agoI would put money on that bet as well, but that doesn't mean we shouldn't speak up about the long-term ramifications of these tariffs still.
- anitil 8y agoCan't this be said at any time? The next is always the next.
- minimaxir 8y agoThere's been more stories about layoffs, but it's hard to say if it's correlated to a specific event outside the start of the fiscal quarter.