Thread regarding Staples Inc. layoffs

Simple Explanation

Media and govt tells us "The economy is booming!" and yet just about every major corporation is laying people off. Ever cross your mind that the economy is not booming, and that is a false narrative?

Today the latest major layoff announcement, 5000 people by Kimberley Clarke.

https://www.cnbc.com/2018/01/23/kimberly-clark-to-slash-5000-half-in-north-america-close-10-factories.html

Companies don't cut thousands of jobs when the economy is booming, just common sense people.

by
| 2451 views | | 8 replies (last January 24, 2018) | Reply
Post ID: @OP+RnliqJg

8 replies (most recent on top)

Between automation and the indians coming here on visa's and draining the pool of american tech jobs... We are slowly finding ourselves in trouble.

by
| | Reply
Post ID: @1hrx+RnliqJg

I guess Kimberly Clark, AT&T and Walmart are also dead companies in death spirals.

by
| | Reply
Post ID: @1cjf+RnliqJg

Economy is booming. Dead companies are dripping staff as slow death spiral entails. Exhibit A, Stoples

by
| | Reply
Post ID: @1puh+RnliqJg

There will be many more jobs lost due to automation.

But some sectors like healthcare and the Trades will be booming. Anyone who tried to find a plumber, or any type of contractor lately can see this trend.

by
| | Reply
Post ID: @1cqa+RnliqJg

#fakenews

by
| | Reply
Post ID: @1qen+RnliqJg

"You've posted this message across these forums many times now. What is your point, please provide constructive advice. Put your brain to work on something good."

My brain works well thank you and it's how I can think beyond what a talking head on TV tells me. A skill you would do well to learn.

by
| | Reply
Post ID: @jym+RnliqJg

You've posted this message across these forums many times now. What is your point, please provide constructive advice. Put your brain to work on something good.

by
| | Reply
Post ID: @etg+RnliqJg

It is doing well just Corporate GREED

by
| | Reply
Post ID: @idx+RnliqJg

Post a reply

: