General Motors math while laying off 5000 workers.

We can keep them and lose 2 billion, or fire them and save 1 billion.

This is insane people and with these companies schemes to pay 1-year severance packages. If they can't find a job in a year 2024 a presidential election year we will see a major recession as many companies are looking at decreasing their employment roster.

With unemployment being a laggy indicator this severance will cause it to lag harder and the rise in unemployed to hit with a greater rate of change.

https://m.youtube.com/shorts/6-TkR1Uo7xM
#economy #money #jobs #inflation
General Motors math while laying off 5000 workers. We can keep them and lose 2 billion, or fire them and save 1 billion. This is insane people and with these companies schemes to pay 1-year severance packages. If they can't find a job in a year 2024 a presidential election year we will see a major recession as many companies are looking at decreasing their employment roster. With unemployment being a laggy indicator this severance will cause it to lag harder and the rise in unemployed to hit with a greater rate of change. https://m.youtube.com/shorts/6-TkR1Uo7xM #economy #money #jobs #inflation
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