Job Layoff Report: 
Get Certified & Build Your Network •  Amazon Lays Off 10,000 Employees •  C.H. Robinson is Laying Off up to 1,200 Employees •  C.H. Robinson Announces Largest Layoff In The History Of Freight Brokerage •  Redfin Cuts 13% of Workforce •  Zillow Laying Off 300 Employees •  Meta "aka Goggle" Lays Off 11,000 Employees •  Warner Bros. Discovery Inc., cut more than 1,000 positions •  Mythical Games Laid Off 10% of Employees •  The Dixie Group Laying Off 20% of Employees •  Twitter Laying Off 3,700 •  Amazon Has Freezed Hiring @ November 2022 •  Rubius Therapeutics Laying Off 82% of Employees •  Udaan Cutting 400 Jobs •  OpenDoor Cutting 500 Jobs •  Seagate Technology Cutting 8% of Workforce •  Microsoft Let Go Another 1,000 Workers •  Starry, Inc., Lays Off 50% of Workforce •  Get Certified & Build Your Network •  Cisco Lays Off 3,500 Jobs •  WestJet Lays Of 3,333 Employees •  Lufthansa Lays Off 22,000 Workers •  Bombardier Lays Off 2,500 People •  British Petroleum Cuts 15% of Global Workforce •  AT&T Lays Off 3,400 Employees & Closes 250 Stores •  Nordstrom Cuts 6,000 Jobs •  Airbus Axes 15,000 People •  MGM Resorts International Cuts 18,000 Jobs •  Ralph Lauren Fires 15% of Workforce •  Costa Coffee Lays Off 3,300 •  American Airlines Eliminates 19,000 Jobs •  Cineworld Lays Off 45,000 Employees •  Cathay Pacific Cuts 5,900 from Payroll •  Walt Disney Lays Off 32,200 Jobs •  Qantas Airlines Reduces Jobs by 8,500 •  Raytheon Technologies Cuts 19,000 Jobs •  3M Axes 4,600 People •  Exxon Mobil Cuts 15% of Workers Including Contractors •  Banco Santander SA Eliminates 3,572 Jobs & Closes 1,033 Branches •  Coca-Cola Company Lays Off 2,200 •  FedEx Europe Cuts 6,300 Jobs •  Best Buy Lays Off 5,000 People •  Heineken N.V. Reduces Payroll by 10% •  Get Certified & Build Your Network •  Wells Enterprises Laid Off 319 Employees •  Wipro Fires 300 Employees Working 2 Jobs •  PowerHome Solar Fires 1,100 People •  Beaumont Spectrum Health Lays Off 400 •  Credit Suisse to Lay Off 5,500 Employees •  VF Corporation Cuts 600 Jobs •  Packable Holdings to Lays Off 456 Workers •  Tencent to Laid Off 5,500 •  Wayfair to Lay Off 900 Employees •  Signify Health to Lay Off 498 •  Crypto.Com Lays Off 260 •  Nutanix to Lay Off 270 •  Alibaba Lays Off 10,000 Workers •  Ford to Cut 8,000 Jobs •  Get Certified & Build Your Network •  Albertsons Supermarket Closed 8,700 Stores in 2021 •  Family Dollar Closed Up to 390 Stores in 2019 •  Lucky's Market Cuts 3,100 Jobs •  Fresh & Easy Grocer Closed 12 Stores & Selling 30 Stores •  ShopRite Closes Stores •  World Steel Demail to Drop 2.3% •  Microsoft Lays Off 1,000 Workers •  International Distributions Services to lay off 10,000 jobs by next August 2023 and firing 6,000 •  United Kingdom's 3rd Female Prime Minister in History Quits After 45 Days Doing the Job •  Siemens Gamesa to Lay Off 2,900 Jobs •  Byju’s to Lay Off 5% of Workforce •  Noom to Lay Off Another 10% of Workforce •  Clear Capital Laying Off 27% of Employees •  Over 50% of CEOs Considering Job Cutts Within Next 6 Months & Work-at-Home Employees are First-to-be-Fired •  Oracle Laid Off 200 Employees •  Amgen Laying Off 4,000 Employees •  Ola Laying Off 500 Workers •  Get Certified & Build Your Network •  Peloton Lays Off Another 500 Employees in Fourth Round of Cuts This Year •  General Electric Lays Off 20% of U.S. Workforce Devoted to Onshore Wind Power •  61% of Americans Live Paycheck-to-Paycheck @ Oct. 7, 2022 •  42% of Americans Will Retire "Broke" •  51% of American Workers Do Not Have an Employer-Sponsored Retirement Plan •  Dallas-based Retailer Tuesday Morning Considers Bankruptcy & Closed 200 Stores •  Woman Owned Business Founder / CEO Julie Wainwright of The RealReal Quits •  Wayfair Lays Off 10% of Corporate Workforce •  Victoria Secrets Closing 1,000 Stores •  The Children's Place to Close 300 Stores •  Versace, Michael Kors, & Jimmie Choo Closing 170 Stores •  Brooks Brothers Closes 51 Stores •  Get Certified & Build Your Network •  10% of Retail Businesses at Risk of Closure Winter 2022 - 2023 •  17% of American Households Cannot Pay Utilities Bills @ August 2022 •  Amazon Scraps Plans for 42 New Buildings •  Federal Reserve Raises Interest Rates 0.75% @ Sept. 21, 2022 FOMC Meeting •  Gap Laying Off 500 Corporate Employees •  Google and Meta Cutting 10% of Staff •  Nordstrom Laying Off 231 People at Distribution Center •  Boeing Outsourcing Corporate Jobs to India •  Walmart Cuts Seasonal Hiring 76% Versus 2021 •  America's Largest Bank- JPMorgan Chase- CEO Says "Brace Yourself" for an Economic Hurricane •  Starbucks Closing 16 Stores Due to Safety Issues •  FedEx Expects a Worldwide Recession •  U.S. Federal Government Collects Record $4.4 Trillion in Taxes Year 2022 •  U.S. Federal Government Hires 80,000 IRS Agents to Enforce More Tax Collection •  Fed-Ex to Close 90 Offices & 5 Corporate Locations •  Get Certified & Build Your Network •  Bed Bath & Beyond to Close 150 Stores •  15,000 Cars Repoed Daily •  Twilio to Lay Off 11% of Workforce •  Warner Bros. Lays Off 100 Employees •  Snapchat Lays Off 20% of Workforce •  SoundCloud Lays Off 20% of Employees •  Get Certified & Build Your Network •  Carvana Lays Off 2,500 Employees •  Coinbase Lays Off 18% of Employees •  Redfin Lays Off 8% of Workforce •  Compass Lays Off 10% of Labor Force •  Peloton Lays Off 20% of Workforce •  Lyft Lays Off 2% of Workforce •  Robinhood Lays Off 9% of Workforce •  Get Certified & Build Your Network •  Ford Motor to Lay Off 2,000 Employees •  7-Eleven Lays Off 880 Corporate Employees •  Shopify to Lay Off 10% of Workforce •  Vimeo Lays Off 6% of Employees •  Loom Lays Off 14% of Workforce •  Microsoft Lays Off 1,800 Staff •  Get Certified & Build Your Network • 

  • 2023 SMALL BUSINESS FACTS

Businesses Registered in Maryland
Over 2.8 Million
main street Small Business Marketshare in the Maryland Economy
Over 97%
globe icon Economic Rank of Maryland in the World
10th Largest
Import export rank of Maryland Import / Export Rank of Maryland in North America
1st Position
Maryland History of War Maryland History of War
6 Flags Since 1519
Economic value of Maryland Economic Value of Maryland
$1.8 Trillion
Maryland State Budget Maryland State Budget
$248 Billion
USA Federal Government Debt State of Maryland Government Debt
$63 Billion
Statue of liberty icon Maryland Business Owners Born Outside the United States
42%
fortune 500 Maryland Rank as Fortune 500 Headquarters (pre-COVID 19)
3rd Position
30-Year Fixed Mortgage Rates
6.984%
Inflation Rate
8.3%
Employment Rate
60%
Cars Repossessed Daily
15,000
USA Economic Value & Government Debt United States Government Debt-to-Income Ratio
142%
Maryland Bullion Depository Maryland Bullion Depository
$350 Billion Capacity
Maryland Interconnection Electricity Power Grid Maryland Interconnection Electricity Power Grid
90% Supplier
Maryland History of War Maryland Military Department + Maryland Residents
28 Million

Maryland Small Business Association™

For decades Maryland Small Business Association™ has distributed resources to the small business community during times of emergency, financial need, and economic prosperity. Decreed as a clearinghouse for small business, Maryland Small Business Association™ provides business certifications, resources, and information from government agencies and commercial partners to small business owners throughout the state.

Diversity programs and procurement contracting opportunities are abundant throughout Maryland with many agencies, corporations, and financial institutions seeking business partners who are women, minorities, veterans, and other small business owners. Obtain your Maryland Small Business Association™ Business Certification today.

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Economic Forecast 2022- Stock Market Crash

Maryland Small Business Association™ Wealth Group forecasts a stock market crash within the next 15 months! COVID-19 lockdowns turned off the economy; U.S. Federal government spending broke the bank; and excessive Federal Reserve currency printing has created bubbles in real estate, student loans, auto loans, and the stock market. All Bubbles Burst!

Pension plans and retirement accounts such as IRAs and 401(k)s are exposed to a potential stock market crash if their portfolios are not diversified among different asset classes. Owning stocks in different sectors is not asset class diversification. Futures & Options, stocks, bonds, real estate, and business ownership are all different asset classes that produce different rates of return. A well-balanced portfolio should include various asset classes based upon correlation. Maryland Small Business Association™ Wealth Group is a futures & options firm trading foodstuffs, energies, precious metals, currencies, and financials.
Learn More About Correlation & Diversification.

Corporate treasury departments are exposed to US Dollar inflation, higher rates of interest, and non-existent credit markets. This increases their costs of doing business and can even force the company into bankruptcy. Prudent money management encourages C-Suite executives to diversify currencies, hedge interest rate exposure, and speculate a portion of their treasury in managed futures. Learn More About Corporate Treasury Risk Management Techniques.

Married couples, individuals, and partnerships can speculate in the forecasted Stock Market Crash of 2022-23 with managed futures. Learn More.