Even MSM admits it: Layoffs are coming

[theHawk]

Yikes, it must be really bad if the MSM is admitting many jobs are about to be lost:

Layoffs sweeping the US: Amazon, CNN, Goldman Sachs making cuts

Goldman Sachs has become the latest major company with plans to slash its headcount as business growth slows and costs increase.

www.businessinsider.com

Thanks Joe.

Or is this still Russia’s fault?

 

[Dekster]

Yikes, it must be really bad if the MSM is admitting many jobs are about to be lost:

Layoffs sweeping the US: Amazon, CNN, Goldman Sachs making cuts

Goldman Sachs has become the latest major company with plans to slash its headcount as business growth slows and costs increase.

www.businessinsider.com

Thanks Joe.

Or is this still Russia’s fault?

Well people who cannot afford to eat probably don't need a $2000 exercise bike with a $40 a month app fee to have someone remotely yell at them to peddle anyway.

Wells Fargo has far greater problems than the sucky economy though. It is systemic with that company. Has been for years. Its banking side and its wheeling and dealing side need to be separated. I don't often agree with Fauxchahontas, but she is right on that one. The government needs to intervene before they end up being the next Bear Stearns since they clearly have no real intent to get their shit in order as long as there is money to be made.

 

[Toddsterpatriot]

The government needs to intervene before they end up being the next Bear Stearns since they clearly have no real intent to get their shit in order as long as there is money to be made.

How is Wells like Bear Stearns?

 

[DudleySmith]

So who didn't expect this? The economy just created a small bubble in the number of crap part time service industry jobs in fast food and retail as people got tired of staying home over the COVID panic, is all. Now the bubble is over, wages are still crap across the board, and all those glamor stocks are losing 'value' again.

 

[DudleySmith]

Well people who cannot afford to eat probably don't need a $2000 exercise bike with a $40 a month app fee to have someone remotely yell at them to peddle anyway.

Wells Fargo has far greater problems than the sucky economy though. It is systemic with that company. Has been for years. Its banking side and its wheeling and dealing side need to be separated. I don't often agree with Fauxchahontas, but she is right on that one. The government needs to intervene before they end up being the next Bear Stearns since they clearly have no real intent to get their shit in order as long as there is money to be made.

Nobody can afford $75K electric cars that go less than a hundred miles either, but the stock in Tesla is still running around in the 4 digits. Talk about a waste of capital and good money being poured down sink holes.

 

[Dekster]

How is Wells like Bear Stearns?

Effed up governance and risk management. HAsn't been that long ago they had to pay out $3B in fines over them stealing customers identities to create fake bank accounts.

 

[Mikeoxenormous]

Yikes, it must be really bad if the MSM is admitting many jobs are about to be lost:

Layoffs sweeping the US: Amazon, CNN, Goldman Sachs making cuts

Goldman Sachs has become the latest major company with plans to slash its headcount as business growth slows and costs increase.

www.businessinsider.com

Thanks Joe.

Or is this still Russia’s fault?

But Joe Biteme's economy is rocking....Like a dingy in a ocean storm. Soon it will capsize and head to the bottom.

 

[Dekster]

Nobody can afford $75K electric cars that go less than a hundred miles either, but the stock in Tesla is still running around in the 4 digits. Talk about a waste of capital and good money being poured down sink holes.

Tesla is only just now marginally profitable for car production and that risks reversing course. Their mint comes from selling tax credits

 

[Mikeoxenormous]

Nobody can afford $75K electric cars that go less than a hundred miles either, but the stock in Tesla is still running around in the 4 digits. Talk about a waste of capital and good money being poured down sink holes.

I can afford one, but why on God's green earth would i by such a polluting thing when my wife just bought a Ford Bronco.

We plan on buying a steel grill in black so if protestors wasnt to get in the street, we just run them over.

 

[1srelluc]

I can afford one, but why on God's green earth would i by such a polluting thing when my wife just bought a Ford Bronco.

We plan on buying a steel grill in black so if protestors wasnt to get in the street, we just run them over.

View attachment 641367

LOL.....Nice Scout II she has there.

 

[DudleySmith]

I can afford one, but why on God's green earth would i by such a polluting thing when my wife just bought a Ford Bronco.

We plan on buying a steel grill in black so if protestors wasnt to get in the street, we just run them over.

View attachment 641367

If I were to spend $75K on a car it would be a restored vintage with a big ass V8.

https://classics.autotrader.com/classic-cars/1969/shelby/cobra/101523512

 

[Mikeoxenormous]

If I were to spend $75K on a car it would be a restored vintage with a big ass V8.

https://classics.autotrader.com/classic-cars/1969/shelby/cobra/101523512

I am drooling how nice that car looks.

 

[DudleySmith]

I am drooling how nice that car looks.

View attachment 641377

Yes. It's probably a replica and not an original, though.

 

[1srelluc]

I suspect, given their ratings, the MSM is going to see lay-offs.

 

[okfine]

Well people who cannot afford to eat probably don't need a $2000 exercise bike with a $40 a month app fee to have someone remotely yell at them to peddle anyway.

Wells Fargo has far greater problems than the sucky economy though. It is systemic with that company. Has been for years. Its banking side and its wheeling and dealing side need to be separated. I don't often agree with Fauxchahontas, but she is right on that one. The government needs to intervene before they end up being the next Bear Stearns since they clearly have no real intent to get their shit in order as long as there is money to be made.

Tim Sloan and Mike Pence really love each other. Pence pulled back WF's fine and WF pulled Sloans $$$ bonus.
Such a deal.

 

[sealybobo]

Yikes, it must be really bad if the MSM is admitting many jobs are about to be lost:

Layoffs sweeping the US: Amazon, CNN, Goldman Sachs making cuts

Goldman Sachs has become the latest major company with plans to slash its headcount as business growth slows and costs increase.

www.businessinsider.com

Thanks Joe.

Or is this still Russia’s fault?

Economy seen adding 400,000 new jobs in April, but U.S. might be running out of labor

Businesses have record job openings, but it's hasn't been easy to hire because of a shrinking pool of available workers and an unprecedented number of people...

www.marketwatch.com

You guys are always wrong

 

[sealybobo]

Yikes, it must be really bad if the MSM is admitting many jobs are about to be lost:

Layoffs sweeping the US: Amazon, CNN, Goldman Sachs making cuts

Goldman Sachs has become the latest major company with plans to slash its headcount as business growth slows and costs increase.

www.businessinsider.com

Thanks Joe.

Or is this still Russia’s fault?

You Republicans better produce more jobs for all the babies who aren't going to be aborted this year.

Under federal child labor laws, the minimum age to work is 14 with some exceptions.

2036 these kids are going to need work. Their parents are poor and you guys ended all government programs that help the poor. The Supreme Court ruled them all unconstitutional.

 

[Mikeoxenormous]

Economy seen adding 400,000 new jobs in April, but U.S. might be running out of labor

Businesses have record job openings, but it's hasn't been easy to hire because of a shrinking pool of available workers and an unprecedented number of people...

www.marketwatch.com

You guys are always wrong

Do you know what "adding new jobs" and "filling new jobs" mean?

 

[Turtlesoup]

You Republicans better produce more jobs for all the babies who aren't going to be aborted this year.

Under federal child labor laws, the minimum age to work is 14 with some exceptions.

2036 these kids are going to need work. Their parents are poor and you guys ended all government programs that help the poor. The Supreme Court ruled them all unconstitutional.

The illegals and others who don't support their own children need to stop fucking around and having them. I spay and neuter my cat for a reason---those mooching off welfare are no bette than my cat.

 

[sealybobo]

Do you know what "adding new jobs" and "filling new jobs" mean?

No