Between Ericsson and Xerox announced today.
https://www.marketwatch.com/story/ericsson-cuts-10000-jobs-amid-costly-turnaround-2018-01-31-74854823
https://www.bloomberg.com/news/articles/2018-01-31/fujifilm-to-cut-10-000-jobs-at-fuji-xerox-amid-reorganization
Repeat after me..
"We are not in a recession"
"We are not in a recession"
No, it's worse than a recession.