U.S. Worker Anxiety Expected to Rise in the 'forever layoffs' Era

Sunday, November 16, 2025

Employers used to refrain from cutting jobs during the holiday quarter, but October proved to be a bloodbath.

Posted by reinheitsgebot at 10:31 AM | 2 COMMENTS | permalink | Comment on This Entry |

Amazon announced 14,000 layoffs. Its CEO made over $40M last year. UPS announced 48,000 layoffs. Its CEO made over $24M last year. Intel announced 20,000 layoffs. Its new CEO's pay package is valued at nearly $69M. This is what I mean when I say the system is rigged.
-- Robert Reich (@rbreich.bsky.social) Nov 15, 2025 at 4:30 PM

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