Coke, American Air, MGM: Big companies unleash pink slips as coronavirus reshapes global economy

[In It to Win It]

Thousands of workers are poised to join the ranks of the unemployed, as ongoing turmoil from the coronavirus pandemic prompted Corporate America to unleash a wave of pink slips this week —adding to an already staggering number of people without jobs.

As Congress and the White House are locked in a stalemate over a fresh round of economic stimulus — which includes a highly coveted $600 unemployment bonus that’s helped prop up consumer spending — a range of big companies are moving to shave headcount.

The timing could hardly be worse, given that the fate of a fiscal boost is uncertain, and the ranks of the jobless remain swelled with tens of millions of people.

https://www.yahoo.com/finance/news/big-companies-unleash-a-wave-of-pink-slips-as-coronavirus-keeps-hammering-jobs-market-141401529.html

[Miguelito Loveless]

1. Trump's master, Vladimir

wants this to go as badly as possible. He wants economic ruin for the US, civil war for the elections, and a race war. For some reason, Facebook and the corporate media are all in for this as well. They seem to believe that their money and power will shield them from the literals wars they are starting.

[Wellstone ruled]

2. You see this coming.

Now that Corporate America has bled the beast dry,well,time to dump those troubling Furloughs. Time to change their Status to Laid off. Let the States pick up the tab. Got to pay those Third Quarter Bonus's.

[SWBTATTReg]

3. Ah, like trump said, we'll be tired of 'winning' all of the time. Yeah, right (sarcasm)...