Now what's happening with layoffs. Well, we just got a report. We're not getting government data, but we just got a very negative report. Challenger Gray report that Corporations announced 153,000 job cuts in October, up 175% from last year, highest level since 2003. Here's what's interesting. Warehouse jobs accounted for 30% of that. Technology accounted for 20%. Now let's think of that. What would cause warehouse jobs to have that collapse? (56:40–56:50)
CLAIM
Asserts a significant increase in corporate job cuts compared to the previous year.
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