Just going to say in the last year my company:
- Shed about 7% of its work force (not due to AI).
- Had raw material price double in 2025 and about to double again.
- Raised prices twice (4%, followed by 9%). About to do it a 3rd time even more.
- Is facing likely lack of raw material supply in the coming year.
- Is eliminating about 12% of our business this week - cutting those customers off due to price instability, raw material supply and lower margins.
- One of our vendors cut 80% of its customers off. All vendors are demanding to know our stocking levels so they can ration supply.
The upstream impact is anyone doing machining and stamping in manufacturing is going to be impacted. There are several other areas our raw material is used in as well.
If we don't lay off 20% of our workforce this year I will be amazed. It is coming.
More mediocrity perpetuating racist status quo.
#2 | Posted by fresno500
Mediocrity is too kind.