Quote:
Originally Posted by Edward64
Somewhat troubling (but not unexpected) signs recently on layoffs.
- Coca-Cola -- 4,000 (but at least they are buyouts)
- MGM -- 18,000
- AA -- 19,000 furloughs/layoffs
- Salesforce - 1,000 to 2,000
It's just weird how resilient the stock market is. But Tech is leading the gains and that makes some sense. |
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United -- 16,000 furloughs
Schlumberger - 21,000 layoffs (announced in July)