It’s looking like a big problem coming our way!

• Gulf Stevedoring Services, LLC  – 11 to 50 People –  4/30/2024
• Safran Cabin, Inc. – 251 -500 People –  4/30/2024
• Denbury Inc – 101 – 250 People –  4/30/204
• Expedia – 101 – 250 People – 4/30/2024
• BuzzFeed – 51 to 100 People – 4/30/2024
• Levi Strauss & Co. – 101 to 250 People – 4/27/2024
• Del Monte Foods, Inc. – 101 to 250 People – 4/26/2024
• UPS – 251 to 500 People – 4/27/2024
• Rio Grand Valley Sugar Growers – 251 to 500 People – 4/29/2024 (*)
• AVMAC LLC – 101 to 250 People – 4/30/2024
• RaterLabs – 2501 to 5,000 People – 4/6/2024
• Walmart – 101 – 250 People – 5/31/2024
• Cisco –  451 to 1000 People – 4/15/2024

I perused the Warntracker and got some of the data to show you just how much this might a be problem coming to all of us.    As of writing this today 3/12/2024, this could become even more people who will be told they are laid off.   The real question is, are you keeping track of your own company that you are working for to help you prevent yourself from getting laid off.   If you are in a big company and you are worried you might be next the best thing I can tell you to do is create alerts for you using Google and have them be sent to you as soon as Google finds out about it.  Google will send that to your email when and how often you tell it to.   As of right now Q1 is almost to the 50,000 employees who have been laid off.

My thoughts

Other than Rio Grand Valley Sugar Growers, All the other ones are probably not normal.   I don’t know about Rio Grand and if they are laying people off due to growing seasons but I do not think this is going to end well for the industry as a whole.  Each one of these are not just tech but are in the Retail, Technology, food, and other areas.  So you can see this will impact a lot of people around the US and the world to be able to find a job.   I’ve talked about finding a job is hard right now, this will make even harder for everyone to do so many people will be looking for work if they don’t get severance pay or some kind of pay.   They will not be able to get unemployment for a while if they are claiming severance and that could cause problems down the road for other workers.  What we will see in the coming months are people working harder for less pay, I am almost sure of that, if something isn’t done and the Fed will probably not cut interest rates right now due to down turn of the economy.  This will be a short blog post but it should show you to at least be watchful of what to come.