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Dictatorship USA – Run By A Plundering and Murderous Ruling Class — 2019 (415)


Large US Firms Are Laying Off 1000s Of Workers

TheEconomicCollapseBlog, May 22, 2019


If the U.S. economy is “booming” and very bright days are ahead, then why are many large U.S. corporations laying off thousands of workers? 


Layoffs are starting to come fast and furious now, and this is happening even though the coming recession has not even officially started yet.  Of course we are actually in a recession at this moment.  If the government was actually using honest numbers they would show that we have been in a recession for quite some time.  But the narrative that the mainstream media keeps feeding us is that the U.S. economy is “doing well” and that the outlook for the future is positive. 

If that is true then why are big companies laying off so many workers right now?

Let’s start by talking about Ford Motor Company.  On Monday, they announced that they will be laying off approximately 7,000 workers…

If the U.S. economy was about to take off like a rocket, this move doesn’t make any sense at all. But if we are headed into a recession, this move makes perfect sense.

Another large firm that is laying off thousands of workers is Nestle… Nestle SA’s U.S. unit will dismiss about 4,000 workers as it stops delivering frozen pizza and ice cream directly to stores and transitions to a warehouse model that’s becoming an industry standard for Big Food companies looking to trim costs.

And we also recently learned that 3M is planning to get rid of about 2,000 workers… These layoffs are due to “a slower-than-expected 2019”?

Unfortunately, things are slow for a lot of companies out there these days. Another company that is dumping a large number of workers is MGM Resorts… MGM Resorts International MGM, plans to cut about 1,000 positions by the end of the current quarter amid a cost-cutting and operational overhaul that calls for fewer managers across its properties.

In addition, Dressbarn just announced that all - approximately 650 - of their stores will be closing… We are talking about the loss of thousands of jobs.

The U.S. economy has been slowing down for months, and now the complete breakdown of trade talks with China threatens to plunge us into a prolonged trade war.  An extended trade war could literally cost our economy millions of lost jobs.

And once the job losses start rolling, they can really get out of hand very quickly.  We saw this in 2008, and it is just a matter of time until we see it happen again.

Robert and Brooks Gronlund, owners of Wood-Mode Inc., wrote to workers Friday, saying that all of them were terminated, as were their benefits, leaving nearly 1,000 people without jobs.

And if those workers are anything like the rest of the U.S. population, most of them were probably living paycheck to paycheck.

What we have witnessed so far is just the beginning.  All of the numbers tell us that economic activity is slowing down, and so we should all get ready to potentially face a rapidly deteriorating economic environment.

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Перед нами - коварный и опасный мошенник, расист, лжец и фашист Дональд Трамп, порочный Конгресс, нацистские ФБР - ЦРУ, кровавые милитаристы США и НАТО >>> а также и лживые, вредоносные американские СМ»И».

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Правительство США жестоко нарушало мои права человека при проведении кампании террора, которая заставила меня покинуть свою родину и получить политическое убежище в СССР. См. книгу «Безмолвный террор — История политических гонений на семью в США» - "Silent Terror: One family's history of political persecution in the United States» - http://arnoldlockshin.wordpress.com

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