U.S. job cuts have surpassed 1 million this year, a grim milestone only seen during the dotCom bust, Great Recession, and pandemic.
October's layoffs surged 175% year-over-year, driven by corporate cost-cutting and softening consumer spending. This ranks 2025 among the worst years for job losses in decades.
RE: https://social.marxist.network/@yogthos/115563397044593234
the goal of capitalists is to make sure everybody else is worth less than them.
capitaliats can only fathom their wealth as a result of everybody else being one hospitalization away from bankruptcy & homelessness.
#capitalism鈥檚 main production is #poverty.