the Voice of
The Communist League of Revolutionary Workers–Internationalist
“The emancipation of the working class will only be achieved by the working class itself.”
— Karl Marx
the Voice of
The Communist League of Revolutionary Workers–Internationalist
“The emancipation of the working class will only be achieved by the working class itself.”
— Karl Marx
May 18, 2026
Every day the financial journalists and TV announcers talk of how well the economy is doing, how high the stock market is going, how low unemployment is. Yet in the first few months of 2026, the largest companies in the U.S. have laid off hundreds of thousands of workers. That will mean a million fewer people working if this pace keeps up for all of 2026.
Amazon let 16,000 workers go from corporate headquarters, after laying off 14,000 a few months earlier. Citibank got rid of 20,000 employees. Heineken cut 5,000 people. UPS has said 30,000 jobs will go this year. Even financial firms like Coinbase and Crypto, supposedly bringing in billions of dollars, are laying off more than 10% of their work forces.
This war is not a new one: it is how bosses have always made money, by laying off some workers and having the ones left do two people’s work. The balance between the bosses and the workers only changes when working people fight back.