bailout
‘This is class war’: Tech companies and US Federal Reserve oversee major job losses
Meta has announced plans to cut 10,000 jobs this year amid a wave of mass layoffs by other US-based tech firms since 2022. Meanwhile, the US Federal Reserve has warned of a rise in unemployment due to a further hike in interest rates
Yes, the US gov’t did bailout the banks. What would a people’s bailout look like?
The US is divesting from working people and investing in banks and venture capitalists, to the tune of hundreds of billions of dollars
