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Layoff Watch: Will CNBC’s Jim Cramer prove to be right about post-Christmas cut backs?

Layoffs continue to happen across the US economy, and workers aren’t being spared worldwide either. But now than Christmas is passed and spending likely to slow in the wake of holiday binges, what happens next?

CNBC’s Jim Cramer predicted earlier this month that job cuts will surge post-Christmas:

“I’m sure there’ll be many layoffs after Christmas. I don’t want to finger-point at the retailers who’re most likely to be thrown into bankruptcy when the holidays are over, but I do want people to realize that, in a way, our current high-inflation economy is a high-quality problem,” he said.

Big layoffs remain low in number across North Carolina, as WRAL TechWire has reported. And on Monday, N.C. State economist Dr. Mike Walden reported the state’s economy grew in November, possibly meaning good business news entering the New Year. $Amazon(AMZN.US)$ $Meta Platforms(META.US)$ $Apple(AAPL.US)$
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