NOW - White House: "The Democrats may have permanently damaged the federal statistical system with October CPI and jobs reports likely never being released."
You have to watch this. She said "people are deciding not to request [relief funding]", literally called the questions "misinformation" then stormed out.
🚨#BREAKING: Over $1.93 trillion has been wiped out from the US stock market so far today as the Nasdaq has dropped over 1,000 points. Officials say the Nasdaq has never been this low, not even intraday.
NEW: Wikipedia co-founder Larry Sanger says that Wikipedia has been ideologically corrupted, raises the possibility that Katherine Maher collaborated with U.S. intelligence, and says that, if NPR were committed to truth, it would fire her "right away."
https://t.co/AeK0AaC4J9
Note from a laid off Cisco Manager to all, valid life lessons:
"Just a quick 7 min Webex and a very long career is over. Even after serving my entire career, running a very large team, building software, minting $100+ Million in YOY revenue. Stuck with legacy technology knowledge no one wants in other companies with age that's discriminated in tech companies.
I am feeling like the biggest fool now and learned loyalty never pays.
Hard Lessons-
Self serve first. Corporate companies are not your friend. They are there to make money even if US citizens suffer. Cheap Indian 'engineer' will one day take your job anyway. Keep yourself relevant by learning market-relevant technologies. In today's time, stick to open-source technologies. Do not work on proprietary technologies. In case you are stuck, have an exit plan.
Do not be lured by false future promises. Stick to what can be compensated in the present. No one knows the future, not even your boss or his boss. You will be taken advantage of if you allow that to happen. Fight for your rights diplomatically if your personal situation allows else have an exit plan ready. Do not stay for more than 2 years in a place unless you see strong future growth
Maintain a work-life balance. I regret this as time lost will never come back. Try getting a side income, you never know when your side hustle will turn out to be a life saver. Save as much as you can and invest wisely."
Education Secretary Miguel Cardona:
"I think it was President Reagan who said, 'We're from the government. We're here to help!'"
Here's the actual quote:
"The nine most terrifying words in the English language are: I'm from the Government, and I'm here to help."
Citigroup plans to announce major lay-offs Monday, in a massive restructuring that will eventually result in tens of thousands of positions being eliminated from the bank, per FT.