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Biggest job cuts in decades coming?

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trendtraderdaily.com

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Sun, Dec 4, 2022 01:06 PM

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You're receiving this email as part of your subscription to Trend Trader Daily . Editor's Note: When

You're receiving this email as part of your subscription to Trend Trader Daily [Unsubscribe](. [Trend Trader Daily] Editor's Note: When we see offers from other publishers that might interest you, we pass them along. Below you'll find one from our friends at Stansberry Research. Please note that their opinions may differ from what you read in Trend Trader Daily. Biggest job cuts in decades coming? --------------------------------------------------------------- Have you seen the massive number job cuts taking place right now in the tech industry? Money manager Charlie Bilello posted a list recently, and the numbers are stunning… - Twitter is cutting 50% of its workforce (about 3,700 jobs). - Facebook is cutting 11,000 jobs--its largest round of layoffs ever. - Snap is cutting 20% of its workforce (1,200 jobs). - Shopify is cutting 10% of its workforce (1,000 jobs). - Netflix cut 450 jobs. - Microsoft and Salesforce are each cutting 1,000 jobs. - Robinhood is cutting 31% of its workforce. - Tesla is cutting 10% of salaried workers. - Lyft is cutting 13% of its workforce (700 jobs). - Redfin is cutting 13% of its workforce. - Coinbase is cutting 18% of its workforce (1,100 jobs). - Stripe is cutting 14% of its workforce (1,000 jobs). And in addition to these massive cuts, Bilello says Amazon has announced a hiring freeze, Apple has paused almost all hiring, and Google is reducing new hiring by 50%. [But here’s the really scary part…]( According to Bill Bonner, a 73-year-old, ultra-successful entrepreneur, who’s companies employ thousands of people around the world, these layoffs are just getting started… and just the beginning. In fact, Bonner says [the next phase of this crisis]( is going to come from a place few people are even thinking about right now. Bonner says what’s looming close on the horizon will catch almost everyone by surprise, and could lead to some very difficult years in American history. [I strongly encourage you to check this out](. You’re unlikely to hear this message anywhere else, and the mainstream press likely won’t report on it for many months to come, when it’s far too late. Get the facts, and don’t get caught flat-footed. Bonner says there are [4 critical steps](every American should take immediately to prepare for what’s to come. Massive layoffs and collapsing stock prices are just the beginning. We are in a very strange period of time in America right now… and Bonner says it’s about to get worse. We’ve posted Bonner’s Warning (plus his 4 recommended steps) on our website. [Click here to view it for free…]( Sincerely, Mike Palmer Founding Partner, Stansberry Research This ad is sent on behalf of Stansberry Research, 1125 N Charles St, Baltimore, MD 21201.   Copyright © Trend Trader Daily, All rights reserved. You signed up on []( Our mailing address is: Trend Trader Daily 301 S. Perimeter Park Dr. Suite 100 Nashville, Tennessee 37211 [Update Subscription Preferences]( | [Unsubscribe from this list]( RISK NOTICE: All investing comes with risk. That includes the investments teased in this letter. You should never invest more than you can afford to lose. Please use this research for the purpose that it's intended — as research only. You should consult a professional financial advisor before ever taking a position in any securities you see herein. DISCLAIMERS: The work included in this communication is based on diverse sources including SEC filings, current events, interviews, corporate press releases, and information published on funding platforms, but the views we express and the conclusions we reach are our own. As such, this content may contain errors, and any investments described in this content should be made only after reviewing the filings and/or financial statements of the company, and only after consulting with your investment advisor. Actual results may differ significantly from the results described herein. Furthermore, nothing published by Trend Trader Daily, Inc should be considered personalized financial advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized investment advice. Trend Trader Daily is an independent provider of education, information and research on publicly traded companies, and as such, it accepts no direct or indirect compensation from any companies or third parties mentioned in any of our letters, reports or updates.

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