Dec. 5 at 5:07 PM
$JNUG $GLD $GDX $B $SLV
Recent Layoff Announcements:
1. US Government: 307,000 employees
2. UPS: 48,000 employees
3. Amazon: Up to 30,000 employees
4. Intel: 24,000 employees
5. Nestle: 16,000 employees
6. Verizon: 15,000 employees
7. Accenture: 11,000 employees
8. Ford: 11,000 employees
9. Novo Nordisk: 9,000 employees
10. Microsoft: 7,000 employees
11. PwC: 5,600 employees
12. Salesforce: 4,000 employees
13. IBM: 2,700 employees
14. American Airlines: 2,700 employees
15. Paramount: 2,000 employees
16. Target: 1,800 employees
17. General Motors: 1,500 employees
18. Applied Materials: 1,444 employees
19. Kroger: 1,000 employees
20. Meta: 600 employees
~ 1.17 million job-cut announcements through November. That makes 2025 “the highest layoff total since the 2020 pandemic.” The best economy needs more & more rate cuts & a Fed chair that will quickly take rates to zero. We all know that the money printing will be absolutely crazy once it "floods" the economy & buys GDP growth
