why is our stock down? I must feed muh family.
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U.S. reports major layoffs as Canada, Europe stay stable
https://www.travelandtourworld.com/news/article/wl5hu04k6ut6/
AI is a convenient scapegoat
Dont by the BS... There’s a tiny bit of truth to it, though "tiny bit" is doing a lot of work... It gives companies as well as Amdocs a shareholderfriendly reason to cut headcount - it sounds strategic, smart, rather than alarming.
Why trim... Gestures broadly at everything... Economic uncertainty, geopolitical sh-tshow, weak consumer and customer sentiment. Also... volatile markets, copycat costcutting... the growing sense that when things eventually break (whenever that is??) companies would rather have a larger cash cushion than a smaller one (or none at all.)
Insuranceopedia: Tech Job Loss Costs Soar to $14,400 Monthly
A new Insuranceopedia analysis details the rising financial impact of tech layoffs. In 2026, losing a tech job costs workers an estimated $14,400 per month. This figure includes approximately $13,750 in salary and $625 for private health insurance. The monthly financial blow is 36% higher than in 2021 and 56% higher than a decade ago. Tech companies have already cut nearly 115,000 jobs this year, accelerating the industry's layoff crisis.
https://americanbazaaronline.com/2026/05/28/losing-a-tech-job-in-2026-now-costs-workers-nearly-14400-month-481700/
No comment
2026 89,900 -9.74%
2025 99,600 -5.50%
2024 105,400 -9.99%
2023 117,100 -1.10%
2022 118,400 -10.44%
2021 132,200 -2.07%
2020 135,000 -6.57%
2019 144,500 -7.01%
2018 155,400 -3.42%
2017 160,900 -9.45%
New Jersey Companies Announce Thousands of Layoffs
Over 7,350 layoffs have been announced across New Jersey for 2026. These job cuts are detailed in WARN notices filed with the state. Major sectors like retail, healthcare, finance, and logistics are affected. Companies such as Amazon, Blue Cross Blue Shield, and Bristol Myers Squibb are reducing staff. This wave of layoffs raises concerns about the state's economic stability.
New Jersey
https://www.shorenewsnetwork.com/has-new-jerseys-economic-bubble-burst-more-than-7300-layoffs-announced-at-major-companies/
52 week low
and $$$ has to come from somewhere. things are bad right now.
Not sure that things will improve any time soon!
We've been weighed down by margin pressure quite a bit. General population will continue to be VERY cautious given all the sh-t that's going on in the country and inte world. Plus this case of a lingering fallout from the botched Albertsons merger - it's a messed up mix of bad things. Now, I wander, how much suffering will be directed towards the employee. I hope for the better, but i am increasingly losing that hope.
850 laid off at Inter IKEA Group
I know this is a franchiser, but I think it's only a matter of time before we start feeling the heat as well. I'm already noticing a drop in foot traffic at my location. It's nothing drastic, but if the economy continues its downward spiral and tariffs continue to beat us up, we might be looking at layoffs as well.
Rhode Island Labor Market Stalls, Workforce Shrinks
The Rhode Island labor market has effectively stalled. This data comes from the DLT. A dual phenomenon persists in the state. Job growth has stalled. The workforce is diminishing.
https://www.bizjournals.com/rhodeisland/news/2026/05/21/ri-labor-market-stalled.html
So why is the economy so bad?
I know the obvious answer is because of who the POTUS is. But how does the market continue to rise despite unemployment likely to hit 30-40 percent by Q1 2027
Connecticut companies announced over 2,200 layoffs in 2026
Connecticut companies announced over 2,200 layoffs in 2026. Macy's led with 993 job cuts from its Cheshire fulfillment center closure. CVS Health's Aetna unit and Talcott Resolution Life also reduced staff in Hartford. Stanley Black & Decker, IDEX Health & Science, and Guida-Seibert Dairy closed facilities. These job reductions affected various sectors across the state, totaling 2,255 positions.
https://patch.com/connecticut/across-ct/more-2-200-company-layoffs-announced-ct-2026-economic-woes-continue-bite
When OpenAI fails/declares bankruptcy, Oracle goes with it?
OpenAI failing is a mathematical certainty, what happens to Oracle as a result?
https://www.youtube.com/shorts/J2M15bD2o4g
US Weekly Jobless Claims Decrease
US applications for unemployment benefits decreased last week. Filings fell by 3,000 to 209,000 for the week ending May 16. This figure is lower than analysts' forecasts. Layoffs remain historically low despite ongoing economic uncertainties. Inflation and global conflicts contribute to market instability.
https://www.telegraphherald.com/magazine-websites/biztimes/ap_wire/article_db770c85-a417-580b-b5a2-1e952919bbbc.html
Is anyone worried about the drop in stock
Is the drop in stock price and the poor economy a matter of concern? I am worried if it will lead to more layoffs. Am I barking up the wrong tree on this one? My husband just got laid off and we have a year old daughter so I I am really worried. Anyone think or heard anything?
Earnings report: 2.2% growth. Lower than inflation.
what will the rest of the year look like?
Why are folks so happy about layoffs?
There are no jobs, economy is going under, the entire world is in a crisis... How is that a good time to lose your job?
The Dead American Dream
Looking at 2026 and beyond….
AI making leaps and bounds, relentless offshoring, endless flood of H-1B Visas.
What is a American born man supposed to do to get ahead in life today when their either going to get laid off eventually or they already have with a jobs market that will just keep getting worse and worse with no “recovery” like we used to have in the past.
What’s going to happen to the men who have families to support and over 15+ years left on their Mortgages?
- Inflation is out of control
- American Birth rates are collapsing
- Young families are punished for having kids
- single family home prices are priced at clown world levels
- The purchasing power of the dollar is getting absolutely destroyed
- All of us who still have jobs are technically taking “yearly pay cuts” because even if you get a raise it’s sure as he-l not even keeping up with inflation.
UBI isn’t going to fix this. Alls you have to do is look back at history and see what it’s like for other countries when they live under “UBI” conditions (Cuba Today, Soviet Russia)
Late Roman Empire Vibes…
Modi urges Indians to WFH
Prime Minister Narendra Modi has appealed to Indians to revive working from home, buy less gold and limit foreign travel to deal with a surge in global energy prices because of the continuing crisis in the Middle East.
https://www.bbc.com/news/articles/c8r8e2ne1v6o
The new HQ?
Does anyone think building the new HQ with this economic climate is a little crazy?
I can’t help but think about how they will ultimately cut people as part of the balance sheet tight-rope act such an enormous expense will cause.
Lastly, as a Dallas native I’m worried about the economic health of the city when we leave. I know the tower isn’t the best but access to mid-day kayaking isn’t something anyone cares about.
No need to stress - good news on April Jobs Report
Jobs report came out today and over 100K new jobs were created in April.
Unemployment rate for April
4.3 percent. That is from Reuters.
Alamo Region Sees Over 1,200 Job Cuts
The Alamo region experienced significant job losses. Over 1,200 layoffs occurred through April. This number nearly matches last year's total. The region is seeing a rapid increase in job cuts. This trend indicates a challenging economic period.
San Antonio, Texas
https://www.bizjournals.com/sanantonio/news/2026/05/08/recession-gradual-sudden.html
Challenger: April Layoffs See Sharp Rise
U.S. employers announced 83,387 job cuts in April, a 38% increase from March. This total marks the third highest for April since 2009. Technology companies led all industries in layoff announcements, often citing AI spending as a reason. Artificial Intelligence was the top reason for job cuts for the second consecutive month. Overall hiring plans decreased significantly in April.
https://www.challengergray.com/blog/challenger-report-april-job-cuts-rise-38-from-march-ytd-cuts-down-50/
Air Canada Cuts Routes Amid Soaring Fuel Costs
Canadian airlines face significant pressure from surging jet fuel costs. This oil shock has led to higher airfares and reduced flight capacity. Air Canada suspended six routes deemed uneconomical due to high fuel prices. The airline plans to cut its May seat capacity by nearly 20 percent. Experts warn of potential financial strain and future layoffs for carriers.
https://thelogic.co/news/analysis/air-canada-bracing-oil-price-impact/
Economic Indicators Point to Strong Labor Market and Inflation Rise
The upcoming week features several key labor market indicators. April's employment report is expected to show a solid increase in private payrolls and a lower unemployment rate. Other data points include ISM NM-PMI, which should confirm continued economic expansion, and a strong increase in revolving consumer credit. The Q1 earnings season continues with major companies reporting results. Inflation expectations are likely to jump due to higher gasoline prices.
https://m.za.investing.com/analysis/economic-week-ahead-adp-payrolls-layoffs-jobless-claims-to-shape-outlook-200619355?ampMode=1
Anybody else worried about the clam before the storm?
I'm thinking we're getting closer to the AI bubble pop, and once it happens, the layoffs will be brutal. Or am I overthinking it?
Don’t trade your life for a paycheck
People are complaining today as if any of this is new, but it isn’t. These same patterns have played out in every generation. Different names, different systems, same cycles. Jobs change, economies shift, uncertainty comes and goes. It happens throughout the lives of every generation. What changes is not the pattern itself, but how aware people are of it, and how they respond when it shows up again.
Follow the narrow path that leads to life.
Global Tech Layoffs Peak in March 2026
March 2026 marked the worst month for tech layoffs in two years. Tech firms globally dismissed around 38,000 employees that month. Overall, 92,272 tech workers were laid off between January 1 and April 20. Oracle alone accounted for 30,000 of these job cuts. Meta also reduced its workforce by 200 employees.
https://www.gadgets360.com/ai/news/tech-companies-layoffs-worst-month-2026-report-11424428
I wish the job market was better
I would have been out of this place a year ago. But no luck so far. How many others are stuck just because they can't find anything else right now?
Job market is brutal
My son graduated last year with good grades and two internships. He can't get a single interview for entry level roles. Every job he applies for has hundreds of applicants. My guess is half of them are people who were laid off from senior roles including from here and are just trying to get anything. It's just very, very bleak right now.
More Layoffs coming everywhere
Microsoft Offers BuyOut and Plans more layoff after that
Meta plans layoff.
Market in total chaos. Holding to the current position.
Many U.S. Firms Announce Recent Layoffs
Many U.S. companies across various industries announced layoffs. Workforce reductions continue nationwide due to economic pressures. Pennsylvania's unemployment rate increased to 4.2 percent. Several Pennsylvania companies issued WARN notices for impending job cuts. Layoffs span industries including technology, finance, and manufacturing.
Philadelphia, PA
https://patch.com/pennsylvania/across-pa/thousands-layoffs-announced-including-pa-companies
CPAC Cuts Jobs and Programs Despite Rate Increase
CPAC is laying off staff and cutting programs. This decision comes despite a recent CRTC wholesale rate increase approval. The channel will cease production of PrimeTime Politics and L'Essentiel. CPAC faces accelerating revenue declines and market uncertainty. Subscriber erosion has nearly doubled since 2024.
https://broadcastdialogue.com/cpac-cuts-staff-cancels-programs-as-financial-pressures-intensify/
U.S. Labor Department Reports Fewer New Unemployment Claims
Applications for U.S. unemployment benefits decreased last week. Initial claims fell by 11,000 to 207,000. This marks the biggest one-week drop since February. The data suggests the labor market is stabilizing with limited layoffs. Continuing claims, however, rose to 1.82 million.
https://www.westhawaiitoday.com/2026/04/17/nation-world-news/us-jobless-claims-fall-to-207000-signaling-low-layoffs/
US Logistics Firms Face Financial Strain
Small trucking and logistics companies are filing for bankruptcy. This trend shows continued financial pressure on smaller carriers. Freight demand remains uneven while costs stay high. Bankruptcies include micro-fleets and mid-sized regional operators. Some companies are liquidating rather than reorganizing their operations.
https://www.freightwaves.com/news/small-trucking-firms-file-wave-of-bankruptcies-across-u-s
AI Workforce Disruption (Future) - The U.S. economic-financial system, the Truth.
Fact's -
The Fed under Chairman Jerome Powell since January 2026 has printed an additional $125.0 Billion in currency to prop-up the U.S. economic-financial system.
Fed money printing over time since 2009 does add to the (current) U.S. National debt of $39.1 Trillion (and rising) with a (current) debt-to-GDP ratio of 124.87% (and rising).
Note - The U.S. taxpayer pays the Interest on the U.S. National debt (each year) to other Investors that finance it (U.S. based, Japan; China; etc.).
Interest paid on the U.S. National debt (just surpassed $1.02 Trillion a year per usdebtclock).
To think that the Unemployment rate approaching 15.0% through AI workforce disruption through 2027 (at least) wouldn't cause (Very significant) damage to the U.S. economy is ludicrous.
It (actually) easily could.
These are the facts.
Strong financials
Overall, not a bad quarter at all! So it was definitely justified that you got a raise that didn’t even keep pace with inflation and the execs got like 15-20% extra. Keep working hard digging your own grave folks. That’s the only way this works.
Layoffs - next round soon?
Weak Q4… growing GCC… more layoffs are soon? … quarterly has been the trend …
The U.S. Economy heading towards 2027.
There are a lot of pre-cursors (building over time) to the "Roaring 1920's ending" October 1929, the "Internet bubble burst" March 2000; and the "Global Financial Crisis" September 2008.
Fed stimulus will (most likely) end by mid-April (with Higher Energy costs impacting their positive effects on the U.S. economy) with the U.S. Treasury (also) stopping its' purchasing of its' own bonds by then.
Tax refunds were substantial overall for 2025, but again as mentioned; Energy prices will remain high (for months, or longer) especially with the most recent escalation of the U.S. Iran War.
The Fed has also printed an additional $125.0 Billion in currency since January 2026 (in an attempt) to prop-up the U.S. economic-financial system.
Yes, this does add on to the (current) $39.1 Trillion U.S. National debt (and rising), as does; the U.S. Iran War; and contributes to (rising) Inflation costs as well (over time).
The (Real) U.S. economy heading into 2027 is what to watch.
Current trends dictate strain on the U.S. economic-financial system with layoffs (2026 > 2027) increasing over time.