U.S. Companies Plan Over 400K Layoffs as Democrats Claim Business Needs More Foreign Workers to Hire

Companies in the United States have announced, so far this year, more than 400,000 layoffs — more than the layoffs announced in all of last year. The job cuts come as Democrats, on behalf of business special interests, demand more foreign competition in the labor market for employers to hire.in Bloomberg, shows that roughly 417,500 layoffs have been announced from January through May by U.S. companies across sectors such as technology, banking, retail, and media, among others.

“Companies cited economic conditions and cost-cutting for more than half of the layoffs announced this year,” Bloomberg noted.@USHouseJudiciaryGOP / YouTube

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