In Today’s Layoff News: Microsoft Fires 1,850; Intel Cuts 350; Shell Terminating 2,200

by Tyler Durden
ZeroHedge.com
05/25/2016

How do you know the Fed is justified in hiking again, the economy is recovering, and the market are zooming higher? One hint is the just announced thousands in layoffs in both the energy and tech sector, among which are Shell, which announced it would layoff 2,200 jobs; Microsoft reporting it would cut 1,850; and Intel terminating up to 350 jobs in Germany.

The Rest…HERE

This entry was posted on Wednesday, May 25th, 2016 at 10:41 am and is filed under Economics, Government Evil, New World Order. You can follow any responses to this entry through the RSS 2.0 feed.