Mass Layoffs Accelerate November 2019, Cummins, Lowes, Volvo, Timken Steel, Stanley Black & Decker

Mass layoffs November 2019.
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The mass layoffs, job cuts, store closures keep coming Lowes said they plan to close 34 stores in Canada including 6 lowes. We see Stanley Black and Decker also announced layoffs. We see the auto industry is struggling around the world as well as transportation... Volvo is impacted by both and we see the company announced hundreds of layoffs due to poor conditions. Timken Steel has seen a decline in business due to the energy sector slowdown and has now announced plans to close a manufacturing plant in Houston TX. Cummings announced plans for 2,000 Layoffs it seems that the 2019 mass layoffs are accelerating.

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