Are we heading towards recession like 2008 wherein people have cut down their spendings and companies are laying off their employees, we can see cost-cutting everywhere, is it really a recession or just the panic about an uncertain future which is creating a gloomy atmosphere everywhere?
Nope, most of it propaganda and taking data from the wrong sources and wrong target population. Cost cuts happen in many places but that does not imply that the entire country is doing bad. Recession has been brought up several times just to poke doubt into people's minds and make them sell their assets so the market becomes more liquid for the whales to buy and allow banks to take over.
Companies lay off employees for a reason. They will never lay off the top level cream because that would hurt the company's condition. The fact is that the ones who are laid off know very well why they got laid off but they always tend to brush it under the table and play victim. Bottom line is that one needs to work up the ladder and take care of their own self, making sure to earn and keep good relations with every employee to be in a company.