Companies keep laying off huge numbers of people. Yahoo just announced that they’re cutting 20 percent of its workforce.
Yahoo to slash 20% of its workforce as part of a major restructuring https://t.co/xNzdIxv7ex
— BBC News (World) (@BBCWorld) February 10, 2023
We’ve seen all sorts of major layoff announcements throughout 2023 but the government claims the unemployment rate is roughly around three percent.
Dell is laying off 6,650 employees, 5% of the workforce
We are approaching 100,000 total tech layoffs this year in just 5 weeks. There were 159,000 tech layoffs in all of 2022.
— Genevieve Roch-Decter, CFA (@GRDecter) February 6, 2023
It’s a joke to think that unemployment is at three percent and it is a joke to think that the economy is doing well. Americans will believe anything though because they are gullible and stupid.
