Thread regarding State Farm Insurance layoffs

Technology Sector Layoffs (2024, and 2025 thus far); the numbers.

Technology Sector layoffs -

Here are the (current) numbers, year-to-date; which includes Verizon laying off; 15,000 employees next week.

2025 - Total (thus far).

644 Layoffs - 201,675 employees affected (624 people per day).

2024 - Total (for comparisons).

1,115 Layoffs - 239,101 employees affected (655 people per day).

The stock market, and the U.S. economy are (2) different things (ultimately) the stock market will catch-up.

I still project a Major Recession enroute for the U.S. economy by mid-2026 (should current trends continue).

These are the facts.


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| 1051 views | | 5 replies (last November 20) | Reply
Post ID: @OP+1kaf5kwkj

5 replies (most recent on top)

Insurance and Tech has bee ruinning way too high on the hog since the mid 80s whe our economy is running 97 to 99% service business. It's long overdue that service focus is no longer productive to the economy. The capital market is recognizing that and is now refocusing itself onto other markets. Look at insurance lending capital. They are taking it hard because financiers can't make the call. Easy money days are over. Long overdue for he past 40+ years.

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Post ID: @e2+1kaf5kwkj

GOOD! WHAT DO KEYBOARD WARRIORS PRODUCE? NOT AN EFFN THING!

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Post ID: @cf+1kaf5kwkj

Tiny Tippy better keep his eyes off our pension. He will inherit his daddy’s money Leave our pension alone Tiny little Tippy

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Post ID: @ax+1kaf5kwkj

They can all take the jobs from the deported illegal aliens. Work is availiable for those who want to work. Key word is work.....not free money.

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Post ID: @ah+1kaf5kwkj

Only a fool bets against the USA.

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Post ID: @a6+1kaf5kwkj

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