4 Ways Amazon’s and Other Recent Layoffs Could Affect the Economy — and Your Wallet

Just in time for the holidays, many U.S. employers have doled out pink slips. This recent move left thousands of Americans jobless and could have a ripple effect on the economy as a whole. Read This: What Class Do You Actually Belong To? The Income Breakdown Might Shock You Trending Now: 9 Low-Effort Ways To Make Passive Income (You Can Start This Week) Some of the cuts included 14,000 corporate jobs at Amazon, 48,000 operational and — mostly — management positions at UPS and around 1,800 corporate jobs a ...