I am going to post a bunch of links over time and articles but October is going to be a bloodbath in terms of layoffs unless disaster is averted. It doesn’t look like a last minute deal will be had to extend government intervention in the labor market.
So let’s start with Disney. Disney is laying of( 28,000 people associated with its Parks, Cruise, and Consumer Services departments. The full story also shows, although not public announced they are shuttering most of their Disney stores.
The Airline industry is next. Up to 100,000 air line workers are are set for layoffs starting tomorrow. Tens of thousands of airport workers will also be hit.
About a dozen other major companies have announced layoffs in September effective in October. More will be announcing soon.
How will this happening so close to the election impact effect the election?
Personnally I think the GOP is about to get outmaneuvered. The House is going to pass a new version of HEROS to prevent these layoffs while the GOP and Senate are just trying to ram through a SCOTUS appointment. Meadows is apparently out of the way but if Manuchin doesn’t get the White House or GOP to budge. They are going to get skewered as layoffs mount the month before the election.
So let’s start with Disney. Disney is laying of( 28,000 people associated with its Parks, Cruise, and Consumer Services departments. The full story also shows, although not public announced they are shuttering most of their Disney stores.
The Airline industry is next. Up to 100,000 air line workers are are set for layoffs starting tomorrow. Tens of thousands of airport workers will also be hit.
About a dozen other major companies have announced layoffs in September effective in October. More will be announcing soon.
How will this happening so close to the election impact effect the election?
Personnally I think the GOP is about to get outmaneuvered. The House is going to pass a new version of HEROS to prevent these layoffs while the GOP and Senate are just trying to ram through a SCOTUS appointment. Meadows is apparently out of the way but if Manuchin doesn’t get the White House or GOP to budge. They are going to get skewered as layoffs mount the month before the election.