imminfo338
Registered Users (C)
Massive layoffs in the US during the past few years has greatly impacted many new (potential) immigrants, regardless of whether or not you have a green card/US citizenship.
It is unfortunate that nowdays many layoffs doesn't start with a quarterly loss, but with a reduced profit margin level already. Layoffs have been done at an excessive level instead of being reaonsable. The lack of US government invention, coupled with the diminishing worker union influencing power, is to be responsible for the nasty excessive layoffs taken place in the US for the last few years. In this sense, the 100% free economy is not a perfect solution. Some regulations are highly desirable!
The impact of the randomized massive layoff is tremendous to US families! The silicon valley layoffs are among one of the most vivid examples.The cutoff of income source for many families has resulted in family diasters, especially for those with little kids to feed.
Let's hope the disaster starting from 2001 won't come back any time soon, and that we will have a new president this year.
It is unfortunate that nowdays many layoffs doesn't start with a quarterly loss, but with a reduced profit margin level already. Layoffs have been done at an excessive level instead of being reaonsable. The lack of US government invention, coupled with the diminishing worker union influencing power, is to be responsible for the nasty excessive layoffs taken place in the US for the last few years. In this sense, the 100% free economy is not a perfect solution. Some regulations are highly desirable!
The impact of the randomized massive layoff is tremendous to US families! The silicon valley layoffs are among one of the most vivid examples.The cutoff of income source for many families has resulted in family diasters, especially for those with little kids to feed.
Let's hope the disaster starting from 2001 won't come back any time soon, and that we will have a new president this year.