You saw how quickly small profits can turn into nearly nothing.Sorry to hear about the layoff, but now is the time to dig in and work harder at the REI.

If layoffs start and people begin to stream out of the Permian, then look for some great opportunities to scoop properties up at a discount.I think the US and even beyond will have an "Oh crap" moment in the next 12-24 months on oil.  

My company is doing layoffs and mine is one of them.

And despite rumors of rent strikes and nonpayments stemming from lay-offs, rent collections remained relatively stable throughout 2020, with razor-thin decreases compared to 2019.MULTIFAMILY’S UNMATCHED RECESSION RESILIENCYDiscretionary spending is largely cut during recessions; saving cash and budgeting for necessities becomes the priority.

Shortly afterwards my job expierenced layoffs and the overtime went from unlimited to manageable/non existent. 

The economy is definitely starting to slow down with these tech layoffs and will more with these semi conductor issues that'll rear its ugly head at some point.

GE has had massive layoffs.

I guess it all depends if you think that the market telling the FED lay off that God Damn interest rate is a big deal or not lol

Yes there will be some lay-offs and force reduction but it cannot be too significant as so much money has been spent developing this installation and it is still ongoing.

Once we take into account 2020, shut downs, lay- offs, unemployment…. there are more people now who are one tragedy away from being wiped out financially.