Midea Air-conditioning & Refrigeration Group, one of China's white goods manufacturers, is gearing up for another round of layoffs, according to an inside source. The company has already asked 30 to 40 percent of one sales division unit to leave, said a representative from the unit, adding that there are plans for heavy cuts to the budgets of sales offices.The article goes on to say the company is shifting from a focus on expansion only, to a balanced focus on profitability and expansion. In other words, growth is slowing.
S&P Fails At The 50 DMA, AMZN SBUX SMCI Earnings
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The consensus narrative is that the correction over the last month has
ended as the S&P has bounced over the last week. But the S&P has still
failed to sur...
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