The mainstream media won’t tell you this, but the Biden economy is a disaster and getting worse.
Thanksgiving was 20% more expensive in 2022, with one quarter of Americans planning to skip it entirely to save money.
Inflation is surging, while wages stagnate.
Mortgage rates have hit their highest in two decades while home values across the country drop rapidly.
Waves of mass layoffs have swept major U.S. companies and experts warn of a bigger wave of mass layoffs in the near future.
The Biden administration continues to gaslight Americans, insisting that everything is fine, the American economy is “strong as Hell”.
On Monday, just days before the Thanksgiving holiday, Mississippi-based United Furniture Industries fired its entire workforce.
Around 2,700 workers lost their jobs, according to a report from the Northeast Mississippi Daily Journal.
The company, which had become one of the largest furniture businesses in the country, sent a memo via email and text message to workers late Monday night and instructed them not to report to work the next morning.
In a follow-up email, United Furniture Industries said the layoff is “expected to be permanent and all benefits will be terminated immediately without provision of COBRA.”
Many of the employees were asleep when the emails were sent and didn’t see them before heading to their shifts on Tuesday.
The reason for the layoffs was “unforeseen business circumstances.”
According Freightwaves, employees received the following statement:
At the instruction of the board of directors of United Furniture Industries Inc. and all subsidiaries, we regret to inform you that due to unforeseen business circumstances, the company has been forced to make the difficult decision to terminate the employment of all its employees, effective immediately, on Nov. 21, 2022.
A text message reportedly sent to employees read:
IMPORTANT MESSAGE FROM UFI/LANE PLEASE READ
We ask that all employees not report to their work locations tomorrow November 22, 2022
Over-the-road drivers, whether or not you have completed your delivery, please immediately return equipment, inventory, and delivery documents for those deliveries that have been completed to one of the following locations Winston-Salem, NC. Verona, MS, or Victorville, CA. To be clear, do not complete any additional delivers. Additional information will be provided tomorrow morning. Please be patient and we will proactively communicate when additional information is available.
