THREAD: meta layoff shock jobs

US TRADE Policies Cause GLOBAL Economic Jitters

04 April 2025 — Recent U.S. tariffs have left Canadian small businesses facing economic challenges, leading to job cuts and price hikes. The Canadian Federation of Independent Business reports nine percent of owners have issued layoff notices due to these tariffs. Businesses are raising prices by an average of 3.7 percent this month as they struggle with rising costs and decreased consumer spending.

In Alberta, business leaders feel cautiously optimistic after avoiding new U.S.-imposed tariffs that threatened the energy sector. Adam Legge from the Business Council of Alberta feels relieved but remains wary about future trade developments under current policies.

President Trump’s tariff strategy aims to equalize import taxes with those imposed by other nations, sparking debate over its economic impact on sectors like agriculture and manufacturing. Meanwhile, Japan’s Prime Minister Shigeru Ishiba expressed disappointment over Japan’s exclusion from tariff exemptions and plans support for affected industries domestically.

These developments highlight growing concerns about global economic instability driven by U.S. trade policies, particularly affecting small businesses worldwide as they navigate uncertain financial landscapes.

GOLD PRICES Surge: Brace for Economic Shockwaves from New US Tariffs

03 April 2025 — Gold prices have surged as investors brace for the U.S. “Liberation Day” tariff announcement. This has led to cautious trading, with businesses gearing up for possible economic shifts.

The jump in gold signals a move towards safety amid uncertainty over trade relations and policies under the current administration. Many companies are rethinking strategies due to potential tariff impacts.

Analysts worry about major economic fallout, especially for export-reliant industries. The business community is closely watching international reactions and possible retaliatory measures that could escalate global trade tensions.

HHS LAYOFFS Shock Nation: 10,000 Jobs at Risk

01 April 2025 — The U.S. Department of Health and Human Services (HHS) is undergoing a major shake-up, leading to layoff notices for up to 10,000 workers. Senator Bill Cassidy wants Health Secretary Robert F. Kennedy Jr. to explain the changes next week. HHS hasn’t shared many details about the mass firings that started Tuesday but did release some information on Thursday.

Meanwhile, Democratic attorneys general and governors from 23 states and Washington, DC, are suing HHS and Secretary Kennedy over a $12 billion cut in public health funding. They claim this reduction is illegal and harmful during ongoing health crises like the opioid epidemic and mental health care issues. New York Attorney General Letitia James warned these cuts could undo progress in vital healthcare areas.

These events put more pressure on HHS’s actions under Secretary Kennedy’s leadership, affecting public health systems nationwide. The upcoming Senate hearing will likely reveal more about these controversial decisions impacting thousands of jobs and billions in funding across states.;

“Hudson’s Bay COLLAPSE: 9,000 Jobs in JEOPARDY”

17 March 2025 — Hudson’s Bay Company, Canada’s oldest business, plans to liquidate by June. Unable to secure financing, the company will shut down all operations. This decision puts over 9,000 jobs across Canada at risk.

The company’s financial troubles were clear in a March court filing. Hudson’s Bay delayed payments to landlords and vendors due to ongoing money problems. They initially hoped to stay open despite these issues.

Richard Baker bought Hudson’s Bay in 2008 for $1.1 billion, but it has steadily declined since then. The liquidation involves selling inventory and real estate while gradually laying off employees until mid-June.

SUPREMEX CFO Exit Sparks Strategic Shift

28 February 2025 — Supremex Inc., a key player in North America’s envelope and packaging market, announced the exit of its Chief Financial Officer, François Bolduc. Known for its strong industry presence, this leadership change hints at a possible strategic shift as Supremex faces future challenges.

To ensure stability during this transition, Supremex has Stewart Emerson working closely with the finance team. This plan aims to keep operations steady while searching for Bolduc’s replacement. The company is dedicated to finding a new CFO soon.

The hunt for a new CFO will start shortly, showing Supremex’s proactive stance on leadership changes. Investors and stakeholders are watching closely as the company advances with this process. Stay tuned for updates on how this may affect Supremex’s market strategies and performance.

TRUMP’S Bold Doge Agenda Shocks Federal Workers

25 February 2025 — President Donald Trump is moving forward with a major government overhaul, appointing Elon Musk to lead the DOGE initiative. Federal workers must report their weekly accomplishments or face termination. This move has sparked confusion and uncertainty among employees.

The White House claims over one million federal workers have responded to Musk’s email ultimatum. Press Secretary Leavitt stated that agency heads will decide on the best practices for handling these reports. The deadline for responses is fast approaching, leaving many in limbo.

An AI system will evaluate the responses from federal employees to determine job necessity, according to sources familiar with the plan. This adds another layer of complexity as workers rush to justify their positions before the midnight deadline.

Meanwhile, President Trump continues his diplomatic efforts on Ukraine, despite French President Macron’s caution against a weak agreement with Russia. These developments highlight Trump’s bold approach in both domestic and international arenas.

MUSK’S Bold Move Sparks Panic Among Federal Workers

25 February 2025 — Elon Musk’s recent demand for federal employees to justify their jobs has caused major unrest. Many workers feel uneasy as they rush to meet the Monday night deadline. This is part of Musk’s larger plan to reshape the U.S. government, leading to widespread confusion and anxiety among federal staff.

The Trump administration clarified that federal agencies don’t have to comply with Musk’s job justification request. This update came after initial confusion, leaving many employees unsure about their duties. Despite this clarification, tensions remain high as workers deal with mixed messages and tight deadlines.

In related news, President Trump appointed Dan Bongino as deputy FBI director under new Director Kash Patel. Meanwhile, the acting IRS commissioner is expected to retire soon, adding more uncertainty within federal ranks. These changes are part of efforts by Musk and the administration to streamline government operations and cut costs.

Federal employees now face a tough week filled with uncertainty from new directives and leadership changes. As they handle these challenges, questions linger about their future roles in a changing government landscape influenced by figures like Elon Musk and President Trump’s administration.

MUSK’S Email Mandate: Work Or Face Termination

23 February 2025 — Federal employees received a stern email from Elon Musk, instructing them to document their work via email or risk losing their jobs. This method is similar to tactics Musk has used in his companies. The White House has yet to comment on this bold move.

TRUMP FIRES UP BASE WITH CPAC SPEECH

President Donald Trump energized supporters at the Conservative Political Action Conference (CPAC) with a speech focused on election wins and border security. This event is key as he builds momentum with his base for the upcoming election cycle.

KENTUCKY SHOOTING SPARKS SAFETY FEARS

A tragic shooting in Kentucky has left the community shaken, raising concerns about public safety. As more information comes out, residents are looking for answers and assurance from local authorities.

A police officer was killed at UPMC Memorial Hospital in York County, Pennsylvania, during an active threat situation. Authorities are investigating to find out what led to this devastating event as details remain limited during the ongoing investigation.

HSBC’S BOLD Move: 40 Dealmakers CUT in Hong Kong

18 February 2025 — HSBC has laid off 40 investment bankers in Hong Kong. This is part of a global restructuring plan to cut costs. The layoffs hit several divisions, including technology, media, telecommunications, and financial institutions. HSBC aims to streamline operations worldwide with this bold move.

GOLD SHINES: Prices RISE Despite STRONG Dollar

Gold prices are climbing even as the dollar gains strength. Investors flock to gold as a safe haven during economic uncertainty over tariffs and interest rates. This highlights gold’s lasting appeal in volatile markets.

MILEI FIGHTS BACK: Denies WRONGDOING in Crypto SCANDAL

Argentine President Javier Milei denies any wrongdoing in a cryptocurrency scandal threatening his political career. Facing lawsuits and impeachment calls, Milei defends himself amid growing scrutiny. The controversy adds pressure on his administration during tough economic times for Argentina.

Heartland Bank reports a $50 million loss from bad loans but insists its overall financial health is stable. Despite this setback, the bank plans to issue a half-year dividend as expected, reassuring investors of its resilience.

IRS LAYOFFS SHOCK Taxpayers: Refunds at Risk

17 February 2025 — The IRS plans to lay off thousands of probationary employees in the middle of the 2025 tax season. This move comes as many taxpayers are waiting for their refunds. The timing raises concerns about potential delays in processing tax returns and issuing refunds.

Employees were told they cannot accept buyout offers from the Trump administration until after the tax filing deadline. This adds uncertainty to an already tense situation at the IRS during a busy period, affecting both staff and taxpayers alike.

The layoffs may impact the IRS’s ability to manage filings effectively, raising questions about its efficiency during this crucial financial time. Taxpayers could face delays in receiving their much-needed refunds amid economic challenges.

This development highlights broader issues within government agencies managing critical services under financial constraints, sparking debate on resource allocation and operational priorities during key fiscal periods.

“TRUMP’S DHS Shakeup: Over 400 Employees Fired in Bold Move”

16 February 2025 — President Donald Trump has announced the firing of over 400 employees from the Department of Homeland Security (DHS). This decisive action aims to boost efficiency and accountability within the department. The administration believes a leaner DHS will better tackle national security challenges.

Critics worry these layoffs could disrupt vital operations and lead to a loss of experienced staff. However, supporters argue this step is crucial to cut inefficiency and bureaucracy within the DHS. The decision highlights Trump’s dedication to reorganizing federal agencies for stronger national security.

Details about individual layoffs remain undisclosed, but sources indicate cuts affected various levels within the organization. This move fits into Trump’s larger agenda for reforming federal agencies. More information can be found at Trump’s DHS Shake-Up: Over 400 Employees Fired(https://lifeline.news/fast-news?news=trump-dhs-shakeup-2025-02-15).

TRUMP’S DHS Shake-UP: Over 400 Employees Fired in Bold Efficiency Move

15 February 2025 — On February 15, 2025, former President Donald Trump announced a major overhaul of the Department of Homeland Security (DHS), leading to over 400 employees losing their jobs. This action is part of Trump’s plan to restructure federal agencies and cut bureaucratic waste.

At a press conference, Trump stated, “We are taking strong action to ensure that our nation’s security is not compromised by a bloated and ineffective government workforce.” He emphasized that the layoffs focus on non-essential roles to streamline DHS operations.

The announcement has sparked debate about national security and the future of DHS programs like immigration enforcement and disaster response. Critics warn it could increase vulnerability, while supporters say it boosts efficiency.

To help those affected by layoffs, the DHS will launch an employability training program aimed at assisting them in moving into private sector jobs. Trump reaffirmed his commitment to prioritizing American safety above all else.

TRUMP’S BOLD DHS Shakeup: Over 400 Employees Fired in Reform Blitz

15 February 2025 — The TRUMP administration has fired over 400 employees from the Department of Homeland Security (DHS). This is part of a larger push to reform federal agencies. The goal is to cut waste and incompetence, which they say have burdened taxpayers for years.

DHS spokesperson Tricia McLaughlin said, “Under President Trump’s leadership, we are making sweeping cuts and reform across the federal government.” These actions show a commitment to fiscal responsibility. The plan includes major personnel changes in several DHS agencies.

Critics worry that mass firings could disrupt essential services within DHS. However, supporters argue these steps are needed for efficient governance. The ongoing reforms fit with conservative values of reducing government size and spending.

BATTERY Giant’s SHOCKING Exit: $26 Billion Georgia Plant Scrapped

08 February 2025 — A battery company has scrapped its plan for a $2.6 billion manufacturing plant in Georgia, sparking concerns about the future of electric vehicle (EV) production. This decision raises questions about the local economy and job market, which were expected to thrive from this project.

Details are limited, but the move follows struggles within the battery production sector. The plant was supposed to be a major supplier for EVs as part of a global shift toward sustainability and green technology.

Industry experts wonder if this decision will affect EV demand in Georgia and create challenges for other manufacturers expanding in the U.S., possibly impacting investments and economic growth in regions relying on such projects.

As events progress, stakeholders will keep a close watch on the viability of large investment projects linked to renewable energy and EV industries across America.

UPS STOCKS Plummet: Amazon Partnership Slashed, Investors Shocked

31 January 2025 — United Parcel Service Inc. (UPS) shares have dropped sharply after announcing a major cut in its business dealings with Amazon.com Inc. UPS plans to reduce its low-margin Amazon business by half, surprising analysts and impacting the company’s revenue projections. Daniel Imbro from Stephens Inc. noted the unexpected nature of this rapid shift in strategy.

The company has projected $89 billion in revenue for 2025, falling short of analysts’ expectations of $94.9 billion, following a reported $91.1 billion for 2024. UPS is focusing on higher-margin sectors like healthcare, aiming for $20 billion in revenue from this segment by 2026 as it raises prices and implements surcharges to offset losses from Amazon’s reduced contribution.

Amazon accounted for 11.8% of UPS’s revenue last year, making the decision to slash this partnership significant amid weak demand recovery for parcel services this year. This strategic pivot highlights UPS’s efforts to stabilize its financial outlook by prioritizing more profitable ventures over volume-driven partnerships with lower margins like Amazon’s delivery services.;

CHINESE AI Revolution: DeepSeek’s Shockwave Hits US Tech Giants

28 January 2025 — A new force in artificial intelligence, DeepSeek from China, is shaking up major U.S. tech firms. Their latest AI model, DeepSeek-R1, rivals top U.S. products like OpenAI’s GPT-4 and Google’s Gemini but at a fraction of the cost. This move challenges American dominance and has triggered a massive selloff in tech stocks.

Launched on January 20, 2025, DeepSeek-R1 boasts impressive performance with lower training costs than competitors. Nvidia faced a record market cap drop of over $500 billion — the largest single-day loss in U.S. stock market history — due to this launch. Experts are both amazed and skeptical about DeepSeek’s cost claims, sparking debate on future AI investment strategies.

DeepSeek’s CEO Liang Wenfeng has held closed-door meetings with Chinese leaders to discuss global tech competition implications from their advancements. The rapid rise of DeepSeek has sparked talks about traditional tech investment sustainability and potential industry shifts needed moving forward. Consumers are also interested, as the DeepSeek app topped download charts in both U.S. and China App Stores shortly after release.;

TRUMP STRIKES Back: DEI Initiatives Face Shocking Cuts

23 January 2025 — The TRUMP administration has taken a bold step against federal diversity, equity, inclusion, and accessibility (DEIA) offices. White House press secretary Karoline Leavitt announced that employees in these offices will be placed on paid administrative leave immediately. This move aligns with President Trump’s broader agenda to reshape federal policies and reduce what he sees as politically motivated initiatives.

In another major development, the Pentagon is deploying 1,500 active-duty troops to secure the US-Mexico border. This action underscores the administration’s commitment to tackling illegal immigration and boosting national security. The deployment marks a significant shift in immigration policy after Trump’s election victory, signaling a tougher approach to border control.

Meanwhile, President Trump signed his first piece of legislation aimed at cracking down on illegal immigration — the Laken Riley Act. Named after a Georgia nursing student murdered by an undocumented immigrant, this law highlights the administration’s focus on tightening immigration laws and ensuring public safety. The act received bipartisan support in Congress, showing changing political dynamics around immigration issues.

Additionally, far-right leaders Enrique Tarrio and Stewart Rhodes have spoken out after receiving clemency from Trump for their roles in the January 6 riot. They expressed hopes that Trump would seek retribution for their prosecutions, adding another layer of controversy to his early days back in office as he sets an

MASSIVE BLOW: Tata Steel Shutters Wales Plant, 2,800 Jobs Vanish Overnight

20 January 2024 — Indian steel titan, Tata Steel, has revealed plans to close both blast furnaces at its Port Talbot plant in Wales. This drastic move will result in the loss of 2,800 jobs and is part of a broader strategy to streamline their unprofitable UK operation and make it more eco-friendly.

The company intends to transition from coal-fired blast furnaces to an electric arc furnace. This modern method emits less carbon and requires fewer workers. The British government backs this shift with a hefty £500 million ($634 million) investment. Tata Steel is confident that this transition will “turn around over a decade of losses” and foster a greener steel industry.

This decision strikes a severe blow to Port Talbot — a town heavily dependent on the steel industry since the early 20th century. Unions had suggested keeping one blast furnace operational while constructing the electric one as an attempt to mitigate job cuts — a proposal that Tata dismissed.

Both blast furnaces are slated for closure within this year. Meanwhile, plans for installing the new electric furnace are set for completion by 2027.