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
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Insider buying: CEOs are putting their cash to work for their companies' strategic plansMedical device company Masimo and an acquisition in the insurance industry are highlighted in this week's 'Insider Buying' segment from CNBC's 'Last Call.'
Source: CNBC - 🏆 12. / 72 Read more »
3 Seafood Companies With the Worst Food Quality PracticesLet’s take to the seas and find out which fish businesses have been in particularly hot water in recent years.
Source: EatThisNotThat - 🏆 294. / 63 Read more »
A growing push from some U.S. companies for workers to return to the officeAcross the country, company leaders are making headlines with calls to return to the office, claiming workers don’t perform as well when working remotely.
Source: CBSNews - 🏆 87. / 68 Read more »
Ex-Anheuser-Busch exec reveals how lefty investment firms pressure companies to go wokeWoke governance that has caused profits to spiral at Anheuser-Busch and Target often begins with lefty investment firms, an ex-top Anheuser-Busch exec said.
Source: nypost - 🏆 91. / 67 Read more »