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Raxxmorz

Financial Information On Demand

Economy

“BlackRock’s Credit Collapse Forces MASS LAYOFFS | Crisis Just Began”

January 22, 2026

Click the link above to watch the video.

Banking

“Wells Fargo CEO warns of severance costs of nearly $1 billion in fourth quarter as layoffs loom”

December 29, 2023

“Wells Fargo CEO Charlie Scharf said Tuesday that low staff turnover means the company will likely book a large severance expense in the fourth quarter. “We’re looking at something like $750 million to a little less than a billion dollars of severance in… Continue Reading…

Business

“Amazon set to begin new round of layoffs affecting more than 18,000 people”

January 18, 2023

“…Earlier this month, CEO Andy Jassy said the layoffs would affect more than 18,000 employees, primarily in its human resources and stores divisions. Amazon said in November it was looking to cut staff, including in its devices and recruiting organizations. CNBC reported at the… Continue Reading…

Economy

“Job openings rise, layoffs fall as pandemic economy mends”

March 11, 2021

“Hiring actually began to pick up in February, according to last Friday’s jobs report, which showed that employers added 379,000 jobs, the most since October, while the unemployment rate fell to 6.2%, from 6.3%. While the economy still has 9.5… Continue Reading…

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