Money's Too Tight To Mention - Layoffs And Mass Unemployment
There's been a lot of social media broadcasts concerning the massive amount of layoffs throughout the US. People are losing jobs and many are finding it difficult to find new employment. To make things worse rents are increasing and food prices are through the roof. What's causing the mass layoffs? It's not simply because of AI. In fact, I think they're exaggerating the effectiveness of AI. How many times have you received incorrect information when you've used AI technology? But that issue is for another blog post. There are a number of reports that DOGE investigations and USAID cuts are affecting the US economy; hence, the reason for the mass layoffs and it's quite serious indeed. Large companies like USPS, Microsoft (recently laid off/fired 9000 employees, Citigroup fires 20,000 workers, Walmart, Amazon, Google, Fed Ex, Starbucks and more are laying off 1000s. The retail sector is being dragged to its grave...literally. Read the news about it HERE . Don...