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Mark.b2

(490 posts)
1. I live near Walmart's HQ, and the big story locally the last few days is they are laying off...
Thu May 16, 2024, 07:59 PM
May 2024

"hundreds".

I work in freight transportation. With freight being down the last 4-5 months, I'm seeing reports of smaller trucking companies go under. My company has all but eliminated travel, I can't allow my salaried exempt employees work overtime, and there's talk the 401(k) company match may be temporarily suspended.

The Fed's attempt to cool down the economy appears to be working.

Perfect timing!

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