Why Walmart, Amazon and Target May Begin Mass Layoffs

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TOPICS AND TIMESTAMPS:
The Test 0:00
China Lockdown 0:23
WHAT YOU NEED TO KNOW 6:34
Walmart Amazon Layoffs  7:49
Markets and Economies 12:41
Massive levels of inventory has been built up
Anticipation of higher prices and longer shipping times
Recession risk likely reduces demand
Companies are suggesting too many workers
Mass layoffs could be next
Global leaders warn of economic dangers as crises multiply
https://www.msn.com/en-us/news/world/global-leaders-warn-of-economic-dangers-as-crises-multiply/ar-AAXywy0
Shanghai district to require all shops to shut, residents to stay home | Reuters
https://www.reuters.com/world/china/shanghai-district-require-all-shops-shut-residents-stay-home-2022-05-21/
China’s Covid Zero Policy Is an Anchor on Commodities Prices - Bloomberg
https://www.bloomberg.com/news/articles/2022-05-23/china-s-covid-zero-policy-is-an-anchor-on-commodities-prices-l3i72f6v?srnd=premium-canada
China Covid News: Beijing Logs Record Cases, Reviving Lockdown Concerns - Bloomberg
https://www.bloomberg.com/news/articles/2022-05-23/beijing-sees-record-new-covid-cases-reviving-lockdown-concerns?srnd=premium-canada

Why Walmart, Amazon and Target May Begin Mass Layoffs

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Why Walmart, Amazon and Target May Begin Mass Layoffs
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