Just recently, around February, the press was talking about how companies cannot get people fast enough, how the job market was booming and was the "best ever". Now we hear about layoffs every day, both big ones and small ones.
These incompetent CEOs cannot plan properly to take care of risks, they go on hiring binges since it makes news, and then cut staff and claim to have done an amazing job by reducing costs.
It looks like companies are going to overdo the layoffs and suffer if there is no recession.

Here's a doozy from Ford....

Ford Layoffs

dang, if only they had kept all that Trump tax cut money, they could maybe save some employees

It's a basic rule in business that when it comes to risk, hitting the low hurts a lot more than missing the high. These companies are tightening their belts and battening down the hatches for the depression we're about to hit. Until Joe leaves office and his business antagonistic policies leave with him, smart business leaders are going to prepare for the worst.

They have been listening to one of those McKinsey consultants.

infinity ag said:

---

Just recently, around February, the press was talking about how companies cannot get people fast enough, how the job market was booming and was the "best ever". Now we hear about layoffs every day, both big ones and small ones.
These incompetent CEOs cannot plan properly to take care of risks, they go on hiring binges since it makes news, and then cut staff and claim to have done an amazing job by reducing costs.
It looks like companies are going to overdo the layoffs and suffer if there is no recession.

---

It's a lot more complicated than that but you be you. Every industry is different and the reality is that some are impacted by market fluctuations a lot harder than others.

Buckle up, we are in for a rough ride and any CEO that isn't planning for that now is derelict in their duty to shareholders.

But why?

Biden just tweeted about most jobs created ever by a president, gas prices declining fastest on record, and how the economy is robust and there is no recession! I actually read those tweets, they are real. Things are good.





and as far as gas price declines...

Quote:

---

Drivers pumped 10% less fuel in the week ended July 9 compared to last year. Meanwhile, refineries are cranking at full capacity.

---

Yet Biden is taking credit. I guess it is true though. Biden caused inflation, The outrageously high prices have caused people to stop consuming, which in turn lowers prices!!!!!!!!!!!!!!!

Way to go Joe!

it's actually welcomed for right now. We have been dying to hire machinists and the big companies have been offering ridiculous compensation packages to get people in the door, and they're now handing them their papers. We've finally managed to get a couple of new machinists at our small business and have seen more coming available.

infinity ag said:

---

Just recently, around February, the press was talking about how companies cannot get people fast enough, how the job market was booming and was the "best ever". Now we hear about layoffs every day, both big ones and small ones.
These incompetent CEOs cannot plan properly to take care of risks, they go on hiring binges since it makes news, and then cut staff and claim to have done an amazing job by reducing costs.
It looks like companies are going to overdo the layoffs and suffer if there is no recession.

---

you are missing the silver lining. when everything goes south which it will, these same ceo's will all retire and get huge bonuses to leave. nothing like the golden parachute out the door.

infinity ag said:

---

Just recently, around February, the press was talking about how companies cannot get people fast enough, how the job market was booming and was the "best ever". Now we hear about layoffs every day, both big ones and small ones.
These incompetent CEOs cannot plan properly to take care of risks, they go on hiring binges since it makes news, and then cut staff and claim to have done an amazing job by reducing costs.
It looks like companies are going to overdo the layoffs and suffer if there is no recession.

---

The recession is already started...how far behind are you?

ToddyHill said:

---

Here's a doozy from Ford....

Ford Layoffs

---

87,000 employees
8,000 to be laid off
Are these the 8,000 that refuse to return to work?

64% of workers would consider quitting if asked to return to the office full-time

2 of my clients in my golf group Friday have started planning for layoffs in the last two weeks. Its here and going to get worse.

TxTarpon said:

---

ToddyHill said:

---

Here's a doozy from Ford....

Ford Layoffs

---

87,000 employees
8,000 to be laid off
Are these the 8,000 that refuse to return to work?

64% of workers would consider quitting if asked to return to the office full-time

---

What about all of the electric cars Mayor Pete wants Americans to drive? This administration is a joke. Handed a decent economy and decided to constrict energy for the climate communists and here we are.

infinity ag said:

---

Just recently, around February, the press was talking about how companies cannot get people fast enough, how the job market was booming and was the "best ever". Now we hear about layoffs every day, both big ones and small ones.
These incompetent CEOs cannot plan properly to take care of risks, they go on hiring binges since it makes news, and then cut staff and claim to have done an amazing job by reducing costs.
It looks like companies are going to overdo the layoffs and suffer if there is no recession.

---

Who wants to tell him?

Quote:

---

What about all of the electric cars Mayor Pete wants Americans to drive?

---

Ford has three vehicles that they cannot make fast enough:
Gas Bronco
Gas Maverick
Lectric Mustang

Detmersdislocatedshoulder said:

---

infinity ag said:

---

Just recently, around February, the press was talking about how companies cannot get people fast enough, how the job market was booming and was the "best ever". Now we hear about layoffs every day, both big ones and small ones.
These incompetent CEOs cannot plan properly to take care of risks, they go on hiring binges since it makes news, and then cut staff and claim to have done an amazing job by reducing costs.
It looks like companies are going to overdo the layoffs and suffer if there is no recession.

---

you are missing the silver lining. when everything goes south which it will, these same ceo's will all retire and get huge bonuses to leave. nothing like the golden parachute out the door.

---

Yes, I missed that.
These CEOs will lay people off, sell out the long term health of the company in order to show short term gains, demand and get a hefty bonus from the company and when the company starts to decline because of poor decisions made earlier, they will get fired with a golden parachute. And one of their buddies will get them another lucrative role somewhere else. Win-win. So why should they change?

deddog said:

---

infinity ag said:

---

Just recently, around February, the press was talking about how companies cannot get people fast enough, how the job market was booming and was the "best ever". Now we hear about layoffs every day, both big ones and small ones.
These incompetent CEOs cannot plan properly to take care of risks, they go on hiring binges since it makes news, and then cut staff and claim to have done an amazing job by reducing costs.
It looks like companies are going to overdo the layoffs and suffer if there is no recession.

---

Who wants to tell him?

---

You have always been a smart alec, haven't you :-)

I was referring to an official recession. For that you need to have 2 successive quarters of negative GDP growth. I don't think that happened though it could. Yes, we can all look at the stock market and claim it is a recession but there are definitions for when it is considered a recession. You and I can very well call it one, no sweat.

infinity ag said:

---

Detmersdislocatedshoulder said:

---

infinity ag said:

---

Just recently, around February, the press was talking about how companies cannot get people fast enough, how the job market was booming and was the "best ever". Now we hear about layoffs every day, both big ones and small ones.
These incompetent CEOs cannot plan properly to take care of risks, they go on hiring binges since it makes news, and then cut staff and claim to have done an amazing job by reducing costs.
It looks like companies are going to overdo the layoffs and suffer if there is no recession.

---

you are missing the silver lining. when everything goes south which it will, these same ceo's will all retire and get huge bonuses to leave. nothing like the golden parachute out the door.

---

Yes, I missed that.
These CEOs will lay people off, sell out the long term health of the company in order to show short term gains, demand and get a hefty bonus from the company and when the company starts to decline because of poor decisions made earlier, they will get fired with a golden parachute. And one of their buddies will get them another lucrative role somewhere else. Win-win. So why should they change?

---

Amen. Example: A publicly traded company I worked for around 2007. They BORROWED a ton of money to issue a one-time dividend. Dumb dumb dumb. How does that create lasting shareholder value? It does the exact opposite. But I'm sure the CEO got a hefty bonus from the board for his efforts. 4-5 years the later company was weak and bought out. Fortunately, I was long gone by then.

infinity ag said:

---

Just recently, around February, the press was talking about how companies cannot get people fast enough, how the job market was booming and was the "best ever". Now we hear about layoffs every day, both big ones and small ones.
These incompetent CEOs cannot plan properly to take care of risks, they go on hiring binges since it makes news, and then cut staff and claim to have done an amazing job by reducing costs.
It looks like companies are going to overdo the layoffs and suffer if there is no recession.

---

Did you see the Yellen say on a TV show they want to change the traditional definition of a recession (2 consecutive quarters of negative GDP growth)? That's because they know by Friday the recession will be confirmed (the GDP numbers will be out). They must already know the 2nd qtr GDP is negative.

TxTarpon said:

---

Quote:

---

What about all of the electric cars Mayor Pete wants Americans to drive?

---

Ford has three vehicles that they cannot make fast enough:
Gas Bronco
Gas Maverick
Lectric Mustang

---

I've seen those Mavericks selling for damn near 200% MSRP at carmax. What a great idea to built a capable cheap utility truck. Can't wait to buy one for parts delivery when they come back down to 20ish K

infinity ag said:

---

deddog said:

---

infinity ag said:

---

Just recently, around February, the press was talking about how companies cannot get people fast enough, how the job market was booming and was the "best ever". Now we hear about layoffs every day, both big ones and small ones.
These incompetent CEOs cannot plan properly to take care of risks, they go on hiring binges since it makes news, and then cut staff and claim to have done an amazing job by reducing costs.
It looks like companies are going to overdo the layoffs and suffer if there is no recession.

---

Who wants to tell him?

---

You have always been a smart alec, haven't you :-)

I was referring to an official recession. For that you need to have 2 successive quarters of negative GDP growth. I don't think that happened though it could. Yes, we can all look at the stock market and claim it is a recession but there are definitions for when it is considered a recession. You and I can very well call it one, no sweat.

---

Don't worry. They're changing the definition of that. Economy solved!
https://www.foxbusiness.com/politics/white-house-says-second-consecutive-quarter-negative-gdp-unlikely-indicative-recession

Our company is in the middle of a hiring freeze. This step isn't always followed by layoffs, but at least 50% of the time (my estimates) it is.

infinity ag said:

---

Detmersdislocatedshoulder said:

---

infinity ag said:

---

Just recently, around February, the press was talking about how companies cannot get people fast enough, how the job market was booming and was the "best ever". Now we hear about layoffs every day, both big ones and small ones.
These incompetent CEOs cannot plan properly to take care of risks, they go on hiring binges since it makes news, and then cut staff and claim to have done an amazing job by reducing costs.
It looks like companies are going to overdo the layoffs and suffer if there is no recession.

---

you are missing the silver lining. when everything goes south which it will, these same ceo's will all retire and get huge bonuses to leave. nothing like the golden parachute out the door.

---

Yes, I missed that.
These CEOs will lay people off, sell out the long term health of the company in order to show short term gains, demand and get a hefty bonus from the company and when the company starts to decline because of poor decisions made earlier, they will get fired with a golden parachute. And one of their buddies will get them another lucrative role somewhere else. Win-win. So why should they change?

---

"You measure what you get".

infinity ag said:

---

Detmersdislocatedshoulder said:

---

infinity ag said:

---

Just recently, around February, the press was talking about how companies cannot get people fast enough, how the job market was booming and was the "best ever". Now we hear about layoffs every day, both big ones and small ones.
These incompetent CEOs cannot plan properly to take care of risks, they go on hiring binges since it makes news, and then cut staff and claim to have done an amazing job by reducing costs.
It looks like companies are going to overdo the layoffs and suffer if there is no recession.

---

you are missing the silver lining. when everything goes south which it will, these same ceo's will all retire and get huge bonuses to leave. nothing like the golden parachute out the door.

---

Yes, I missed that.
These CEOs will lay people off, sell out the long term health of the company in order to show short term gains, demand and get a hefty bonus from the company and when the company starts to decline because of poor decisions made earlier, they will get fired with a golden parachute. And one of their buddies will get them another lucrative role somewhere else. Win-win. So why should they change?

---

These are ridiculously simplistic and lazy takes.
Get out in the real world, work your way up and see how decisions are made.
Or read cases studies on how different companies handle recessions.

Every company is different, and there are a large number of factors that affect these decisions.

Yep.
Small, cheap, good on gas and will be a great buy when the prices correct.

Aston04 said:

---

infinity ag said:

---

Detmersdislocatedshoulder said:

---

infinity ag said:

---

Just recently, around February, the press was talking about how companies cannot get people fast enough, how the job market was booming and was the "best ever". Now we hear about layoffs every day, both big ones and small ones.
These incompetent CEOs cannot plan properly to take care of risks, they go on hiring binges since it makes news, and then cut staff and claim to have done an amazing job by reducing costs.
It looks like companies are going to overdo the layoffs and suffer if there is no recession.

---

you are missing the silver lining. when everything goes south which it will, these same ceo's will all retire and get huge bonuses to leave. nothing like the golden parachute out the door.

---

Yes, I missed that.
These CEOs will lay people off, sell out the long term health of the company in order to show short term gains, demand and get a hefty bonus from the company and when the company starts to decline because of poor decisions made earlier, they will get fired with a golden parachute. And one of their buddies will get them another lucrative role somewhere else. Win-win. So why should they change?

---

Amen. Example: A publicly traded company I worked for around 2007. They BORROWED a ton of money to issue a one-time dividend. Dumb dumb dumb. How does that create lasting shareholder value? It does the exact opposite. But I'm sure the CEO got a hefty bonus from the board for his efforts. 4-5 years the later company was weak and bought out. Fortunately, I was long gone by then.

---

This isn't the CEO's fault. Chances are really good that the stakeholders lost a bunch of money. And that's how this gets fixed.

StandUpforAmerica said:

---

Our company is in the middle of a hiring freeze. This step isn't always followed by layoffs, but at least 50% of the time (my estimates) it is.

---

My company has campus hiring coming up, and naturally diversity targets to hit. We won't be cutting numbers on that end, but I'm certain we will be looking to fire tenured white guys to make room.

deddog said:

---

infinity ag said:

---

Detmersdislocatedshoulder said:

---

infinity ag said:

---

Just recently, around February, the press was talking about how companies cannot get people fast enough, how the job market was booming and was the "best ever". Now we hear about layoffs every day, both big ones and small ones.
These incompetent CEOs cannot plan properly to take care of risks, they go on hiring binges since it makes news, and then cut staff and claim to have done an amazing job by reducing costs.
It looks like companies are going to overdo the layoffs and suffer if there is no recession.

---

you are missing the silver lining. when everything goes south which it will, these same ceo's will all retire and get huge bonuses to leave. nothing like the golden parachute out the door.

---

Yes, I missed that.
These CEOs will lay people off, sell out the long term health of the company in order to show short term gains, demand and get a hefty bonus from the company and when the company starts to decline because of poor decisions made earlier, they will get fired with a golden parachute. And one of their buddies will get them another lucrative role somewhere else. Win-win. So why should they change?

---

These are ridiculously simplistic and lazy takes.
Get out in the real world, work your way up and see how decisions are made.
Or read cases studies on how different companies handle recessions.

Every company is different, and there are a large number of factors that affect these decisions.

---

Dude, you are just drunk with the usual Republican nonsense about business and capitalism. The same companies beg the Govt for bailouts when their plans don't pan out.
So maybe you need to open your eyes and see what's actually happening when these business leaders talk big.
Stop being misled by propaganda, use your own judgment.

deddog said:

---

Aston04 said:

---

infinity ag said:

---

Detmersdislocatedshoulder said:

---

infinity ag said:

---

Just recently, around February, the press was talking about how companies cannot get people fast enough, how the job market was booming and was the "best ever". Now we hear about layoffs every day, both big ones and small ones.
These incompetent CEOs cannot plan properly to take care of risks, they go on hiring binges since it makes news, and then cut staff and claim to have done an amazing job by reducing costs.
It looks like companies are going to overdo the layoffs and suffer if there is no recession.

---

you are missing the silver lining. when everything goes south which it will, these same ceo's will all retire and get huge bonuses to leave. nothing like the golden parachute out the door.

---

Yes, I missed that.
These CEOs will lay people off, sell out the long term health of the company in order to show short term gains, demand and get a hefty bonus from the company and when the company starts to decline because of poor decisions made earlier, they will get fired with a golden parachute. And one of their buddies will get them another lucrative role somewhere else. Win-win. So why should they change?

---

Amen. Example: A publicly traded company I worked for around 2007. They BORROWED a ton of money to issue a one-time dividend. Dumb dumb dumb. How does that create lasting shareholder value? It does the exact opposite. But I'm sure the CEO got a hefty bonus from the board for his efforts. 4-5 years the later company was weak and bought out. Fortunately, I was long gone by then.

---

This isn't the CEO's fault. Chances are really good that the stakeholders lost a bunch of money. And that's how this gets fixed.

---

Borrowing money to give a dividend is pretty dumb. Now if you are justifying that, then it just tells me that you need to get out more. There are some situations that current rules cannot deal with. CEOs and boards know how to get around them, and the politicians don't care because they are on the take. It's all a nice ecosystem. You are on the outside, so you don't benefit.

Silian Rail said:

---

TxTarpon said:

---

Quote:

---

What about all of the electric cars Mayor Pete wants Americans to drive?

---

Ford has three vehicles that they cannot make fast enough:
Gas Bronco
Gas Maverick
Lectric Mustang

---

I've seen those Mavericks selling for damn near 200% MSRP at carmax. What a great idea to built a capable cheap utility truck. Can't wait to buy one for parts delivery when they come back down to 20ish K

---

Basically what the Ranger should have been from the beginning.

CEO's will do anything to keep a dividend going. Look at the drilling industry, you'll be hard pressed to find a single major o&g driller that has posted a profit for consecutive quarters in the last 8 years, yet the dividends are still a flowing.

ToddyHill said:

---

Here's a doozy from Ford....

Ford Layoffs

---

What couldpossibly go wrong?

https://www.hotcars.com/towing-contest-ford-f-150-lightning-pickup-gmc-sierra-denali/

infinity ag said:

---

deddog said:

---

infinity ag said:

---

Detmersdislocatedshoulder said:

---

infinity ag said:

---

Just recently, around February, the press was talking about how companies cannot get people fast enough, how the job market was booming and was the "best ever". Now we hear about layoffs every day, both big ones and small ones.
These incompetent CEOs cannot plan properly to take care of risks, they go on hiring binges since it makes news, and then cut staff and claim to have done an amazing job by reducing costs.
It looks like companies are going to overdo the layoffs and suffer if there is no recession.

---

you are missing the silver lining. when everything goes south which it will, these same ceo's will all retire and get huge bonuses to leave. nothing like the golden parachute out the door.

---

Yes, I missed that.
These CEOs will lay people off, sell out the long term health of the company in order to show short term gains, demand and get a hefty bonus from the company and when the company starts to decline because of poor decisions made earlier, they will get fired with a golden parachute. And one of their buddies will get them another lucrative role somewhere else. Win-win. So why should they change?

---

These are ridiculously simplistic and lazy takes.
Get out in the real world, work your way up and see how decisions are made.
Or read cases studies on how different companies handle recessions.

Every company is different, and there are a large number of factors that affect these decisions.

---

Dude, you are just drunk with the usual Republican nonsense about business and capitalism. The same companies beg the Govt for bailouts when their plans don't pan out.
So maybe you need to open your eyes and see what's actually happening when these business leaders talk big.
Stop being misled by propaganda, use your own judgment.

---

No, i've actually worked in multiple companies where we've made decisions like this.
And I've been part of great companies (current), good companies , not so good companies and terribly run companies.

I can tell from your simplistic takes that you have never been in a decision making capacity where your input mattered.

Your post is classic projection