Massive layoffs are sweeping across the U.S. — Target, GM, and Ford are among major companies cutting jobs, pushing total layoffs near one million this year.
Despite record profits and strong Wall Street gains, corporations are slashing workforces, blaming automation and “restructuring.”
Critics say it’s a coordinated move to suppress wages and weaken workers’ job security as the economy edges toward recession.
https://www.wsws.org/en/articles/2025/10/25/jobs-o25.html
5 replies (most recent on top)
My bartender says this is not true.
They aren’t??
https://www.detroitnews.com/story/business/autos/general-motors/2025/10/29/gm-cutting-hundreds-of-jobs-at-detroit-tennessee-ohio-ev-sites/86962834007/#
@e7 https://www.nytimes.com/2025/10/29/business/general-motors-electric-vehicles-layoff.html
No. No they are not.
How's those EV's doing?