Mass Layoffs in Trucking and Retail Coming

Tuesday, April 29, 2025

Apollo Global Management forecasts a severe U.S. recession triggered by recent tariffs, which will lead to widespread layoffs in the trucking and retail sectors amid rising economic uncertainty.

Posted by reinheitsgebot at 06:33 PM | 9 COMMENTS | permalink | Comment on This Entry |

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U.S. consumers could start to notice trade-related shortages in their local stores next month, according to Apollo Global Management.

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-- CNBC (@cnbc.com) April 28, 2025 at 4:00 PM

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Big Majority Says Trump Has Made Economy Worse

www.cnn.com

Heckuva job, stinky.

#1 | Posted by reinheitsgebot at 2025-04-28 04:53 PM | Reply | Newsworthy 1

Suckers and losers

#2 | Posted by LegallyYourDead at 2025-04-28 05:13 PM | Reply

To add to the economic malaise, Trumpf wants all US truckers to be proficient in English: www.timesnownews.com

#3 | Posted by C0RI0LANUS at 2025-04-28 05:28 PM | Reply

The bad economy is worth the increase in racism, amirite /s

#4 | Posted by hamburglar at 2025-04-28 05:42 PM | Reply

"Big Majority Says Trump Has Made Economy Worse"

Oh, he's just getting started.

#5 | Posted by Danforth at 2025-04-28 05:44 PM | Reply | Newsworthy 1

Putin's bankruptcy-prone orange pedo's stagflation is right around the corner.

#6 | Posted by reinheitsgebot at 2025-04-28 08:50 PM | Reply

"Big Majority Says Trump Has Made Economy Worse"

You would have to be economically illiterate to think otherwise.

#7 | Posted by snoofy at 2025-04-28 09:06 PM | Reply

Saw this just today. This follows tens of thousands of laid off truckers who haul cargo containers from ports:

UPS to cut 20,000 jobs on reduced Amazon deliveries, as US tariffs

April 29 (Reuters) - United Parcel Service on Tuesday said it would slash 20,000 jobs and shut 73 facilities as part of a planned reduction in deliveries for Amazon.com, and as U.S. President Donald Trump's tariffs roil global trade.

A UPS (UPS.N) spokesman said the layoffs are due to shedding 50% of shipping volume from Amazon.com (AMZN.O), opens new tab, its largest customer, as well as ongoing cost-cutting and efficiency projects under a major operational restructuring.

www.reuters.com

#8 | Posted by AMERICANUNITY at 2025-04-29 07:26 PM | Reply

I saw the UPS headline last night.

A harbinger of what's to come, which means we haven't seen anything yet.

I asked my wife last night if there was anything else she thought we should buy before it becomes scarce. Seems like a good question to be asking right now regardless of what misinterpreted nonsense S*&^tS posts.

#9 | Posted by jpw at 2025-04-30 10:56 AM | Reply