Image Source: Unsplash
 

After cutting 14,000 jobs back in October and denying there were more of them coming, Amazon confirmed yesterday there will be another 16,000 layoffs and made comments suggesting the company won’t be done even after then. These job cuts will only add to the worsening anxiety among American workers, who reminded everyone of those deep concerns in the latest plunge in consumer confidence. According to the most optimistic measure for it, from the Conference Board, confidence crashed to its lowest level in over a decade.

Video Length: 00:23:21

More By This Author:

China Just Did Something It’s Never Done Before
The AI Bubble Is A Lot Worse Than You Think
We Just Entered The Biggest Change In 100 Years