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Prediction: Many Private Sector Layoffs Next Quarter

Discussion in 'Too Hot for Swamp Gas' started by G8tas, Feb 17, 2025.

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  1. Feb 18, 2025 #41
    PITBOSS

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    that’s not how supply vs demand and corp investment vs roi works.
    Dear Leader would have to give federal money “incentives” for big oil to do that.
     
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  2. Feb 18, 2025 #42
    VAg8r1

    VAg8r1 GC Hall of Fame

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    The irony of "Drill, Baby, drill" is that at some point supply starts exceeding demand resulting in lower prices to the point where the price received for crude falls below the cost production. This actually happened in 2020 resulting in Trump pressuring the Saudis to cut production with the goal of putting a floor on the price of crude keeping in mind it's much for costly for US shale oil producers to produce a barrel of petroleum than it is for Saudi Arabia.
     
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  3. Feb 18, 2025 #43
    PITBOSS

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    good point. In addition EVs are impacting oil demand globally. Especially if China really starts cranking out EV cars with an inexpensive purchase price.


    “Electric Cars Have Dented Fuel Demand. By 2040, They’ll Slash It”

    https://about.bnef.com/blog/electric-cars-have-dented-fuel-demand-by-2040-theyll-slash-it/
     
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  4. Feb 18, 2025 #44
    VAg8r1

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    Good point. Trump has an irrational animosity towards renewables as well as EVs, maybe it's because he thinks that he can turn the clock back 50 years when the only EVs were golf carts and generating power from solar and wind was essentially theoretical. I guess Musk is tolerating Trump's anti-EV policies because he thinks that Trump's policies will hurt his competitors even more than they would hurt Tesla.
     
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  5. Feb 18, 2025 #45
    JustaGator

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    Somewhere in Time
    Remember that when the consumer is on unemployment, if it still exists.

    Trump's method to everything he doesn't like is to fail to quantify it or fire the person who is doing the counting, regulating, law enforcing, etc.
     
  6. Feb 18, 2025 #46
    QGator2414

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    Oh stop LOL!

    You will find something to whine about for sure though when everything is fine…
     
  7. Feb 20, 2025 #47
    rivergator

    rivergator Too Hot Mod Moderator VIP Member

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    Walmart warns of a slower 2025. That’s a bad sign for America’s economy

    https://www.cnn.com/2025/02/20/business/walmart-stock-earnings/index.html
     
  8. Feb 20, 2025 #48
    G8tas

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    UnitedHealthcare is offering buyouts to employees in benefits unit, could pursue layoffs, sources say

    UnitedHealthcare is offering certain employees in its benefits operations unit the option to accept buyouts if they quit by March 3, following a tumultuous year for the insurance giant, CNBC has learned.

    Those who don’t accept the offer will continue in either their current role or a comparable position, two people familiar with the matter told CNBC. If the company does not meet a resignation quota through buyouts, it will lay off employees, the people said, citing an internal resource site.

    The company declined to share how many employees received buyout offers under the so-called Voluntary Resignation Separation Program. The benefits operations unit oversees multiple subdivisions that help manage customer service, claims, enrollment, customers’ insurance benefits and more, one person said.

    UnitedHealthcare is offering buyouts to employees in benefits unit, could pursue layoffs, sources say

    The rumor is UHC sent the offer to 30k employees
     
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  9. Mar 10, 2025 at 7:43 PM #49
    G8tas

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    Last edited: Mar 10, 2025 at 9:46 PM
  10. Mar 10, 2025 at 8:02 PM #50
    G8trGr8t

    G8trGr8t Premium Member

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  11. Mar 10, 2025 at 8:05 PM #51
    G8trGr8t

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    $2 gas coming when demand craters due to collapsed economies..
    Lower interest rates, cheaper gas..going to deliver, just have to weather the recession and social unrest
     
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