All of the major oil companies will be doing some major layoffs soon.

I feel there will be a big push to go back to the office over next few years as we have more and more layoffs, and we'll see a rebalance of areas like this with more activity. 

With recessions typically comes layoffs, and if people cannot afford rent then occupancy rates rise.

This past week Landlords were asked to defer rent for 90 days (Article Here).LaPlante Real Estate's approach has evolved organically as we were contacted by tenants since the virus layoffs began in March, we have a simple application process to document loss or reduction of income and with the recent economic shutdown lasting as much as 90 days have created a two option process for assisting tenants with their rent:1) Rent Deferment: Tenants who have major losses in income can have their rent deferred until this crisis ends and generate a payment plan at the end (a lease renewal will be required to commit the tenant to rent during that period).

Hi all,I saw the need to have muItiple sources of income after Covid hit and saw mass layoffs around the country.

I wonder about cash that's invested in a SPY or VOO index fund or something that's just sitting in a taxable investment account like Fidelity or TDAmeritrade or Robinhood or something.

I managed to fight through multiple career struggles, whether it be a plant closure, Great Recession layoffs, company move/consolidation, and a "realignment" after a company sale. 

That amount of debt burden is not something I am comfortable with - especially in these uncertain times with layoffs etc. 

And with Oil being a big part of the economy ( not for everyone in the city, but it'll definitely send some shockwaves with all the layoffs), it's likely 200k will go even further as the months go by. 

Even though there were some lay offs here and there, overall the economy is still booming.