All posts tagged with debt bomb
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-(Natural News) The latest company to join the Big Tech mass firing trend is IBM, who has cut nearly 4,000 jobs after missing its annual cash target. This week, the computer company announced that it would be laying off 3,900 individuals, which amounts to around 1.5 percent of its workforce. These cuts are estimated to […]
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-(Natural News) Commentary – In the old days, shopping for groceries used to be a joy. By old days, I mean two years ago. Now, it’s shocking and miserable. You look at these prices and wonder if you can even afford normal foods that we took for granted. (Article by Jeffrey A. Tucker republished from […]
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-(Natural News) A shockingly large wave of layoffs has already begun, and we are being warned that much larger layoffs are coming in the months ahead. That is very chilling to hear, because job cut announcements are already coming in so rapidly that I couldn’t possibly share them all with you. I wrote about some […]
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-(Natural News) Cryptocurrency lender Genesis Global Capital is debt-ridden and scrounging for funds to avert total collapse. Saddled with liabilities that could go as high as $10 billion, it filed for Chapter 11 bankruptcy protection in Manhattan, New York on Jan. 19. The beleaguered crypto firm joined the growing list of digital currency businesses going […]
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-(Natural News) Microsoft has joined a wave of other tech companies in announcing mass layoffs, cutting around five percent of its overall workforce. A securities filing last week noted that they would be laying off 10,000 employees as part of a range of measures aimed at cutting costs in the wake of economic uncertainty. Ahead […]
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-(Natural News) A recent report revealed that conservatives have staged a boycott of home goods retailer Bed Bath & Beyond (BBB) after it cancelled MyPillow and its CEO Mike Lindell. According to a Jan. 18 post by the Gateway Pundit, BBB initially dropped MyPillow products from its stores in January 2021. The retailer’s move became […]
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-(Natural News) Large companies across various sectors are laying off workers at staggering rates, putting the state of the economy in question. (Article by Ronn Blitzer republished from FoxBusiness.com) Among the latest announcements is Microsoft, which said Wednesday the company plans to cut 10,000 workers after shares of Microsoft fell more than 20% during the past 12 […]
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-(Natural News) Treasury Secretary Janet Yellen notified the country’s lawmakers last week that Congress needs to decide whether or not to proceed with the increase of the $31.4 trillion national debt limit. According to Yellen, the U.S. will hit its cap on Thursday, January 19. Once that happens, she will not be able to issue new […]
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-(Natural News) The regime of President Joe Biden, which of course, is not being run by the man himself because his mind is gone, has been an unmitigated disaster. The southwest border has collapsed completely, with illegal immigration and drug smuggling rampant. For a time, oil and gasoline prices were at record highs. Inflation spiked […]
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-(Natural News) Coinbase is once again slashing its workforce in response to the ongoing downturn in the cryptocurrency industry. The publicly traded cryptocurrency exchange announced that it is planning to reduce its headcount by around 950 employees as part of the company’s restructuring effort that it expects to be completed by the end of the second […]
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