The trend of companies getting rid of workers is continuing. All sorts of people are having their employment terminated. Microsoft, Amazon, Salesforce and other big companies are getting rid of thousands of people.
Microsoft joins Amazon, Salesforce and other major companies laying off thousands of people – my latest for @MarketWatch #tech #layoffs #techlayoffs https://t.co/D7xJGmmXnV
— James Rogers (@jamesjrogers) January 18, 2023
Same thing is happening at smaller companies.
Aside from the Microsoft news there are smaller companies continuing to add
Layoffs:
Wheels Pro 224
Ryder System Inc 800
Renfo 100
Proper tooling 130Most of these probably won't be coming back and impact the local communities
— Mick (@Iron_Mick777) January 18, 2023
Despite all of this, we were told that jobs had been added in the recent jobs report. The problem is that most of those were part time jobs and a number of them were people taking on second jobs because they can no longer pay the bills with one job.
The economy is a total disaster and anybody who says that it isn’t is lying to you.