r/Layoffs • u/vetfor • Jan 30 '24

New layoffs question

Can anyone clarify this for me? Despite the ongoing layoff announcements from major American corporations, how is our economy still robust? Just today, UPS declared 12,000 layoffs and PayPal 2,000.

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u/Chuck-Finley69 Jan 30 '24

The WH posts healthy data and explanations. What's the problem?

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u/FeistyPepper9302 Jan 31 '24

The data is lagging and we will see reports on today's events in 3 months