Friday, December 5, 2025

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North Wildwood

America just had a Job Bloodbath week to celebrate Halloween as we head into Recession with mass layoffs every industry: 1) Technology: 68,000 jobs cut. Most layoffs were in software companies and IT services, 2) Finance: 42,000 positions lost in banks and financial institutions, 3) Retail: 38,000 roles eliminated due to store closures and slower sales, and 4) Other industries: 24,000 jobs affected in logistics, manufacturing, and hospitality. Meanwhile, smaller firms and startups are also trimming headcounts amid tighter financing conditions.

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