You know it's happening everywhere, and it is.
Is Walmart the only company going through this? Let's see...
That Titan of the Tech industry, Microsoft laid off close to 10% in 2017
https://www.cnbc.com/2017/07/06/microsoft-will-layoff-thousands-of-employees.html
Another Titan, IBM trying desperately to hide layoffs by pushing out older workers, like so many companies are doing.
https://www.vox.com/2018/4/20/17261798/ibm-layoffs-retirements-older-workers-age-discrimination-claims
Howabout Banks? Surely they're doing well given our "Booming Economy" Bank Of America is one of, if not the largest bank in USA. CEO says they eliminated 100,000 jobs since 2010.
https://www.cnbc.com/2018/10/17/bank-of-america-ceo-brian-moynihan-on-cutting-100000-jobs.html
Ok, but I bet companies like Boeing, which benefit from enormous federal contracts, they're doing well right? Here's Boeing, pulling the old "a dozen here, a dozen there" trick to avoid media attention
https://www.heraldnet.com/business/cuts-continue-as-boeing-issues-more-layoff-notices/
Hey, but cars are selling like crazy right? Those automakers are doing great! Yeah, so great that GM announced 8 plant closures and 14k layoffs, but they're certainly not the only one. Now Ford is getting ready for "Mass Layoffs"
http://fortune.com/2018/10/09/ford-stock-today-layoffs-trump-trade-tariffs/
And if that wasn't enough, even the healthcare industry, that bastion of safe, secure jobs.....getting hammered.
https://www.statnews.com/2017/04/30/hospitals-layoffs-national/
Oh, and these are just the places you THOUGHT were doing great, and assumed the economy was BOOMING due to their success. Need I mention the entire retail industry in freefall? Or the fact that literally 90% of corporations, big and small, have been laying people off for over a year?
Heck, even Subway is being forced to close hundreds of restaurants, something they have never done in their history.
http://fortune.com/2018/04/25/subway-stores-closing/
The fake recovery is over, as to be expected when a "recovery" is built on nothing but money printing, loose credit, and low interest rates. Laugh all you want, but by mid 2019 you won't be laughing....