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Breaking: Intel Mass Layoffs, Walgreens Closing Stores (Video)

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This is a 16 October 2024 video.

Intel is notifying 1,300 Oregon workers this week they will lose their jobs next month in one of the single largest rounds of layoffs in state history. An Intel spokesperson confirmed the layoffs are part of the plan announced by Intel CEO Pat Gelsinger in August to cut over 15,000 jobs and reduce costs by more than $10 billion in response to worsening financial conditions.

On Tuesday, CEO of Walgreens Tim Wentworth said 1,200 of those stores will close over the next three years. That’s two weeks after rival CVS announced layoffs of 2,900 corporate staff. Both chains are on a multibillion-dollar cost-saving spree — closing hundreds of locations, cutting thousands of jobs and, really, reconsidering their role in Americans’ lives.

https://youtu.be/TPVTtOVJ0II


0:00 – Intro
2:00 – Intel Layoffs
4:09 – CVS Layoffs
5:42 – Democratic Committee Layoffs
6:20 – What is going on with the Labor Market? 
9:40 – Walgreens Closing
11:32 – 711 Closing 
12:40 – What Happens Next?
17:20 – Bond Default Risk 
26:20 – Biggest Factor in Layoffs? 
29:50 – Conclusion 

 



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  • DangerWillRoberson

    any business who marks up its prices over 30% should go out of business, I say! Walgreens is a rip=off store that injected dumb sheep with the murder injections! good riddance, if we could import products from over seas the price to live would drop 75% cheaper, but Satan and his children keep prices high with import tax! we need a complete new system for the future that spreads costs over all users not just the poor or middle class! :grin:

    my plan is based on a core reality, meaning, all food health care education and business to be shifted to the natural organic system. only organic food to be grown fed to cows chickens, all food made at the county coop farm by inmates, free to all county citizens, the inmates make it on a county farm owned by the people not the county, in my system the individual is the government who owns and sets prices not Satan not Satan children! everything needed on the farm is owned by the people! extra food to be sold to the poor outside of county in special markets called Farmer’s! :grin:

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