Driving Off a Cliff?
Donald Trump’s tariffs will make the U.S. auto industry less competitive and leave the industry out of step with the auto market's shift to EVs.
Mark Heschmeyer's weekly report, from CoStar. We'd heard about the DHL layoffs from our UPS driver. The NYTimes just reported one round of layoffs not mentioned here: up to 6,000 at Sun Microsystems: Crisis Spreads to Tech Sector as Sun to Cut Work Force.
A Weekly Report on Future Corporate Downsizings
In this week's issue:
* DHL cutting 9,500 U.S. jobs.
* Motor home, RV dales running out of gas.
* Fidelity Investments layoffs not 'mutually' exclusive.
* Plus, a whole new round of major U.S. corporation closures and layoffs were announced in: Alabama, Connecticut, Florida, Georgia, Indiana, New Jersey, Ohio, Pennsylvania, Utah and Virginia.
Read the full report.