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Fed research: The surge in retirements since 2020 "accounts for essentially all of the shortfall" in labor force participation rates
"More than half of the increase in the number of retirees appears to be a direct result of the pandemic."
$SPDR S&P 500 ETF(SPY.US$ $Invesco QQQ Trust(QQQ.US$ $Amazon(AMZN.US$ $Microsoft(MSFT.US$ $Apple(AAPL.US$ $Tesla(TSLA.US$
"More than half of the increase in the number of retirees appears to be a direct result of the pandemic."
$SPDR S&P 500 ETF(SPY.US$ $Invesco QQQ Trust(QQQ.US$ $Amazon(AMZN.US$ $Microsoft(MSFT.US$ $Apple(AAPL.US$ $Tesla(TSLA.US$
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$Amazon(AMZN.US$ is laying off more than 18,000 workers, much more than the 10,000 previously planned.
“These changes will help us pursue our long-term opportunities with a stronger cost structure.” Said its Chief Executive Officer Andy Jassy in a memo to staff.
The peak of employee size occurred in Q3 and Q4 in 2021, which is also a turning point when the financial report shows a year-on-year decline in operating profit.
Amazon's...
“These changes will help us pursue our long-term opportunities with a stronger cost structure.” Said its Chief Executive Officer Andy Jassy in a memo to staff.
The peak of employee size occurred in Q3 and Q4 in 2021, which is also a turning point when the financial report shows a year-on-year decline in operating profit.
Amazon's...
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$Amazon(AMZN.US$ could lay off as many as 20,000 employees in the coming months, double the number initially reported, according to Computerworld, an information technology publication.
Earlier this month the New York Times reported the retailer would lay off about 10,000 corporate workers, primarily affecting employees in the retail and human resources divisions, as well as those who work on Amazon devices such as the voic...
Earlier this month the New York Times reported the retailer would lay off about 10,000 corporate workers, primarily affecting employees in the retail and human resources divisions, as well as those who work on Amazon devices such as the voic...
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$GlobalFoundries(GFS.US$ $NVIDIA(NVDA.US$ $Direxion Daily Semiconductor Bull 3x Shares ETF(SOXL.US$ Leading semiconductor manufacturer GlobalFoundries is preparing to lay off up to 800 employees, or about 5.3 percent of the company’s global workforce of about 15,000 people.
The layoffs are not concentrated in any one geographic area, according to VTDigger, the Vermont-based news site which broke the news about the number of layoffs. Bloomberg had first reporte...
The layoffs are not concentrated in any one geographic area, according to VTDigger, the Vermont-based news site which broke the news about the number of layoffs. Bloomberg had first reporte...
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during the job losses
Twitter, Facebook, Sears, CVS, Walgreens, grocery stores, oil rigger ,banks of all types, truck drivers, hospitals of any type , hotels, cars dealerships of all types, restaurants and ocean liners then schools.
Twitter, Facebook, Sears, CVS, Walgreens, grocery stores, oil rigger ,banks of all types, truck drivers, hospitals of any type , hotels, cars dealerships of all types, restaurants and ocean liners then schools.
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layoff could benefit or destroy moral amongst employees so u cut back on expenses but u can hurt productivity if u don’t just cut the dead weight
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Layoffs or not, share price up/down only depends on manipulation by US Feds. Look at airline stocks in 2020/2021. Even Warren Buffet got it wrong
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