Massive Layoffs in the USA

While the congress voted another 95 billion foreign help for Ukraine, Israel and the Pacific, the economy in the USA is shattered by new waves of layoffs in all the industries. Elon Musk from Tesla just announced another 14000 workers out only this weekend, from factory workers in Texas to engineers in California.

Tech titans like IBM, Google, Microsoft also announced gigantic layoffs. ?

Most big companies complained about slow sales as main reason of cutting of the employees. But honestly speaking most of these big companies were not relying exactly on the actual sales to survive and dominate the market, but on government contracts and subsidies from the government. Electric automobiles couldn’t prove profitable till now, except for their inflated prices, which increased the value of their shares on the stock market from time to time. The automobile green deal appeared ineffective and not at all ecological. The employees of the European Parliament have been seen charging their electrical cars with diesel chargers!!!

Many financial institutions also announce massive layoffs almost every day. Citi started the cut of 20,000 from its staff as part of its corporate restructuring of the business. New dotations are not coming as was the big buyouts from the government after the financial crisis 2008 that poured billions in their coffins.

Even financial empire Black Rock announced 600 people layoffs this year. Spirit Airlines also is furloughing 260 pilots to “boost its liquidity”. Almost all the companies in the USA are cutting personnel that shows that the financial situation is not very optimistic.

The whole tragedy is that the companies continue to operate and survive and are generously supported by government money while the ordinary people suffer tremendous hardship without jobs and high inflation.

85% of the workforce in the country declared uncertainty about their jobs in 2024.

The prices of the gas are going up and up with the wars in Ukraine and Israel. The prices of the gas again jumped to almost 4 dollars per gallon in New York State this week. With every new portion of international financial help, the internal prices jump accordingly.

No jobs, no bread, high prices, homelessness. Just this week information from the New York City Courts shows that all the cases from the landlord tenant courts have been decided on the side of the landlords and the people have been kicked out of their homes. The poverty is coming to the USA. People have difficulties finding decent jobs paying enough to support a family. New immigrants are taking the existing positions in the low paying jobs. ?

The still existing positions are distributed according to nepotism laws, racial preferences and religion affiliation.

In the face of the expecting new Presidential elections, the Republican Party electorate, the industrial workers are massively fired. But this time the cuts are so massive that cover also the progressives. ?Are you surprised by the Pro Palestinian protests in Columbia University against Israel and against the USA. That is happening because on all positions have been appointed Muslims in the last years, discriminating all the others, and different Palestinians organizations like “the Resilience group” and others have been subsidized to work on community projects in the University faculties. Muslim progressive students also have been accepted with preferences in the same University. All the grants in the city are also sent to Muslim religious organizations and even the mayor of the City Adams was financed with money from Qatar and Turkey, the origin of the Hamas terrorists. ?The sessions of the New York City Council are opened with Quran surah.

Squeezing the jobs can have a political agenda. Giving jobs only to selected people can be a political decision. The rest of the people have to be buried in poverty to stop any disobedience and free thought.

If the USA can give another 95 billion to foreign nations, don't you think it can't print another 100 billions for its workers. The fact that it is doing the opposite shows different motivation far from the economic effectiveness.