CNBC's Jim Cramer on Tuesday predicted that more companies will trim their workforces after the holiday season.
"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. A growing number of companies across industries have curtailed their head counts this year in an effort to control their expenses in a dipping economy.
Soooo mass hiring for some weird reason is going to happen. perhaps a mass die off. 😬
jimcramer just read burry's tweet from 6 mo ago
The only thing he’s pick right is related to the woke NFL.
Purge comcast Come back with a new business model … Perhaps with factual news? Not activism ?
Define “many” layoffs. 20K out of 1.5 million employees?
Can't be. 'Biden Boom' 'Strong Economy' 🤣
But sleepy- Joe says our economy is GREAT!
Expect mass layoffs before Christmas
Plot Twist. Jim too, will be gone with the wind.
No continuing record setting profits, so lets do layoffs.
I hope (but don’t expect) to layoff jimcramer immediately
So all our jobs are safe then? 👍🏽