Ford planning cuts to workforce

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CNBC's Phil LeBeau reports on why Ford is looking to make cuts to its workforce.

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More Recession Signs: Layoffs, Store Closures, Lowe's, Starbucks, Dollar Tree, Wells Fargo, GM

More Recession Signs: Layoffs, Store Closures, Lowe's, Starbucks, Dollar Tree, Wells Fargo, GM

The recession warning signals are flashing brighter as the retail apocalypse worsens with layoffs, bankruptcies, and retail store closures accelerating. While the official government data such as unemployment may look good, the theory that the U.S. economy is solid has many cracks in it with Dollar Tree, Lowe's, GM, Orchard Supply Hardware, Wells Fargo, Nationwide Insurance, Starbucks, and many more companies laying-off many of their employees amidst an overall economic slowdown. U.S consumers now find themselves in more total debt, than before the financial crisis, now as interest rates have been rising. This will lead to the same outcome and likely even a worse bust than we witnessed back then. Central banks had to come in and rescue the same economy that they destroyed with their policies. Links to news sources discussed in the video are posted here: https://bullboom.blogspot.com/ Also, please help our channel grow by clicking like, commenting, sharing our videos and subscribing to our channel. Thank you to all viewers and subscribers. I apologize that I do not typically have time to answer questions that are posted in comments. Also, I cannot offer specific investment advice due to the complicated and detailed nature of everyone's personal, unique financial and life situations. Although I usually include sources, charts, data, and links to the subject matter in my videos, the views expressed in my videos are often "one man's opinion" and should not be taken as financial advice, in any way. I urge you to seek professional counsel and for everyone to do their own due diligence prior to making any significant decisions regarding financial and investment matters.

6 месяцев назад