A wave of layoffs is sweeping the US.

volsrock said:
Layoffs are sweeping across American businesses in the first few months of 2022.

Recent startups like Peloton have already laid off thousands of employees this year. Even traditionally layoff-resistant companies like Netflix are making cuts. Now, online car dealer Carvana plans to slash 12% of its workforce.

The reason, broadly, is twofold: Business growth is slowing, while labor costs are increasing. The combination is causing American companies across a variety of industries to slash headcount.

https://www.businessinsider.com/layoffs-sweeping-the-us-these-are-the-companies-making-cuts-2022-5



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Wait a minute, wasn’t it Peloton who raked in the bucks when people stayed at home during the first year and half of Covid? And now that people are out and about and less in need of Peloton it is surprising they are laying off employees? That their “business growth is slowing?” Same facts apply to Netflix and others who were providing record services a year ago

Do you have any clue as to basic economics?
 
volsrock said:
A wave of layoffs is sweeping the US.
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We can only hope. Vacancies outnumber unemployed by record setting amounts. We are in the bizarre position of having just too many jobs.

A normal recession reduces deadwood. It is the really good part of a recession. This last recession had so much in government handouts, that the deadwood was not killed off. We need to kill off the deadwood.
 
Walt said:
We can only hope. Vacancies outnumber unemployed by record setting amounts. We are in the bizarre position of having just too many jobs.

A normal recession reduces deadwood. It is the really good part of a recession. This last recession had so much in government handouts, that the deadwood was not killed off. We need to kill off the deadwood.
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Too few people willing/able to work is the problem.

This is and always will be an existential problem when it shows up, which is why you should should be concerned that maybe we are watching the controlled implosion of America conducted by China.

They could not have written a script better for them than what America is doing.
 
archives said:
Colbert, Kimmel, and Fallon share the same audience, their viewership is divided three different ways, combined, they bury your guy
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Greg is still the King of late night and he has the disadvantage of doing it on a cable channel. It takes three of them to beat him . That is rich!
 
Hawkeye10 said:
Too few people willing/able to work is the problem.

This is and always will be an existential problem when it shows up, which is why you should should be concerned that maybe we are watching the controlled implosion of America conducted by China.

They could not have written a script better for them than what America is doing.
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Handjob, you make the most ridiculous arguments without a single iota of proof. Your personal opinions mean nothing.
 
floridafan said:
Handjob, you make the most ridiculous arguments without a single iota of proof. Your personal opinions mean nothing.
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There is nothing to be gained by attempting conversation with known liars.

It even worse when the liars are unkind, as you are.
 
Hawkeye10 said:
There is nothing to be gained by attempting conversation with known liars.

It even worse when the liars are unkind, as you are.
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I ask again and again for you to document your claims, but sadly you cannot. One cannot document the lies and bull shit coming from you.
 
Price = Demand! That is what rules FREE ENTERPRISE!

Free Enterprise don't just work for restaurant chain owners!

That also goes for those who choose to work there, or go somewhere else, as well!

If the Restaurant don't meet the wages the workers desire- Their desire to work there will go down- the demand for those jobs will go down- The workers have learned to go elsewhere!

If the Restaurant owners set the price of their food too high- the demand for their food will go down- and The consumers will go elsewhere!

Yes, Free Enterprise still works as designed.

So what is the problem?

I do not see one!
 
Hawkeye10 said:
Too few people willing/able to work is the problem.
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We have had a long term problem with many uneducated white males dropping out of the workforce. Nobody really knows exactly why. Add into that the Baby Boomers retiring from the workforce, which is not really a problem as such, and you have the whole issue with people not working.

Maybe not the whole issue. There is a secondary issue that workers are demanding respect in a way they have not for decades. That is easily handled by giving them that respect. It is an adjustment in how we treat people, but very doable.

Hawkeye10 said:
This is and always will be an existential problem when it shows up, which is why you should should be concerned that maybe we are watching the controlled implosion of America conducted by China.
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Looked at from another perspective, it looks like a controlled implosion of China conducted by China. I am no fan of trump, and of the alt right movement in general, but I am happier here with them, than in China right now.
 
Walt said:
We have had a long term problem with many uneducated white males dropping out of the workforce. Nobody really knows exactly why. Add into that the Baby Boomers retiring from the workforce, which is not really a problem as such, and you have the whole issue with people not working.

Maybe not the whole issue. There is a secondary issue that workers are demanding respect in a way they have not for decades. That is easily handled by giving them that respect. It is an adjustment in how we treat people, but very doable.



Looked at from another perspective, it looks like a controlled implosion of China conducted by China. I am no fan of trump, and of the alt right movement in general, but I am happier here with them, than in China right now.
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You are so full of shit Walt. And you know zero about business or the economy. You must be one of those white, uneducated, welfare collecting democrats. Every one of your posts proves that.
 
Walt said:
We have had a long term problem with many uneducated white males dropping out of the workforce. Nobody really knows exactly why. Add into that the Baby Boomers retiring from the workforce, which is not really a problem as such, and you have the whole issue with people not working.

Maybe not the whole issue. There is a secondary issue that workers are demanding respect in a way they have not for decades. That is easily handled by giving them that respect. It is an adjustment in how we treat people, but very doable.



Looked at from another perspective, it looks like a controlled implosion of China conducted by China. I am no fan of trump, and of the alt right movement in general, but I am happier here with them, than in China right now.
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China has almost certainly fucked up on COVID. I am still trying to figure out how much of a problem this will be in taking the Empire global...it might be major.
 
floridafan said:
Employment under this administration continues at record numbers. Sorry to burst your balloon
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For the umpteenth time, between 22 and 25 MILLION jobs were lost to the pandemic. Every month, you jackasses gather around to hear the latest “job creation” numbers, and you slap each other on the back when you hear there were 250,000 jobs “created”.

Math class is now in session. To fill a 22 million job void, “this administration” would have to have “created” 458,000 jobs a month from day 1, and that would just bring them back up to pre-pandemic TRUMP numbers.

It’s even worse now. Tater head hasn’t really even gotten close to the 458K mark in 18 months as lord high job creator. He’s running a serious deficit!
 
Mina said:
I'm sure it sucks for those who happen to be among those laid off... but it sucks a whole lot less than it would if we had high unemployment rates (like the 6.7% we had at the end of 2020). Most will be able to line up good work pretty quickly. Many could come out ahead, if they get any kind of severance and then line something up immediately.
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Carvana is laying off about 2500 people. In this economy, that's a fart in the wind, and hardly worth the time it took the OP to present it.
 
Mina said:
I'm sure it sucks for those who happen to be among those laid off... but it sucks a whole lot less than it would if we had high unemployment rates (like the 6.7% we had at the end of 2020). Most will be able to line up good work pretty quickly. Many could come out ahead, if they get any kind of severance and then line something up immediately.
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Covid proved to be a boon for Netflix, and they increased their headcount by about 60%. Less than 12,000 are employed in total.

Another 'the sky is falling' exaggeration when discussing the job market and how many employees are being let go.
 
Callinectes said:
For the umpteenth time, between 22 and 25 MILLION jobs were lost to the pandemic. Every month, you jackasses gather around to hear the latest “job creation” numbers, and you slap each other on the back when you hear there were 250,000 jobs “created”.

Math class is now in session. To fill a 22 million job void, “this administration” would have to have “created” 458,000 jobs a month from day 1, and that would just bring them back up to pre-pandemic TRUMP numbers.

It’s even worse now. Tater head hasn’t really even gotten close to the 458K mark in 18 months as lord high job creator. He’s running a serious deficit!
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This administration is not acting fast enough or quick enough to replace all the jobs that Trump lost???
 
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