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At the beginning of this year corporate layoffs accelerated with thousands of DEI program employees (dead weight) thrown to the curb, but the streamlining isn't stopping there. The cuts are not stopping despite solid growth in overall sales and volume (amount of goods sold) in the US. This might seem counter-intuitive, unless the layoffs are in preparation for a perceived incoming downturn.
The primary factors influencing job cuts are, of course, tariff uncertainty and inflation.