Hewlett-Packard, Target and Schlumberger announced the biggest layoffs this year, while buying back large amounts of stock http://www.marketwatch.com/story/co...buying-back-stock-at-the-same-time-2015-10-02
There's something wrong with the U.S. economy. Such large scale jobs cuts while the economic data is pointing south is not normal. Although this is probably not enough to cause a recession, it'll be a severe strain on the U.S. economy. http://investingtrack.com/is-there-something-wrong-with-the-u-s-economy/