Elon Musk Suspects A Wave Of More Heavy Layoffs Coming

Elon Musk Suspects A Heavy Wave of Unemployment Is Coming

Twitter and Tesla chief, Elon Musk has been warning of a bleak recession for some time.

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Almost all major tech companies are announcing heavy layoffs.

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Twitter user Elad Gill tweeted that starting to see more and more 40-50% layoffs after prior rounds of 13%. Canary in the coal mine for what is coming.

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Elon Musk responded to the tweet saying, “I hope you’re wrong, but I suspect you’re right.”

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Elon Musk has been warning against Fed rate hikes for a long time and that a recession is looming.

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With AI and a potential economic crisis coupled together, we might see a dramatic shift in employment all over the world.

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According to several analysts and Elon Musk, a heavy wave of mass layoffs is about to hit the world.

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