Subject: Layoffs
Meme going around.
Recent Layoff Announcements:
1. UPS: 48,000 employees
2. Amazon: Up to 30,000 employees 3. Intel: 24,000 employees
4. Nestle: 16,000 employees 5. Accenture: 11,000 employees 6. Ford: 11,000 employees
7. Novo Nordisk: 9,000 employees 8. Microsoft: 7,000 employees 9. PwC: 5,600 employees
10. Salesforce: 4,000 employees 11. Paramount: 2,000 employees 12. Target: 1,800 employees
13. Kroger: 1,000 employees
14. Applied Materials: 1,444 employees 15. Meta: 600 employees
The labor market is clearly weakening.