In the early hours of Wednesday, November 6th, Donald J. Trump was projected as the winner of the 2024 United States Presidential Election, victorious in his campaign against current Vice President Kamala Harris. Trump’s electoral triumph will make him only the second individual in the country’s history to serve two non-consecutive terms after Grover Cleveland did so from 1885 to 1889 and 1893 to 1897.
The 2024 U.S. Presidential Election has turned the world head over heels, as people everywhere eagerly await the outcome. For now, U.S. hegemony remains intact, as Trump possesses the power to manoeuvre across regions and influence their power dynamics. With this being one of the most polarised elections in American history, we await what Trump could bring to the table.
It is safe to say that Donald Trump’s re-election is having a substantial impact on the stock market, both in the USA and worldwide. The tariffs he plans to implement will radically change the economic landscape and flood the markets with extreme instability at a time when little seems to be certain.
With the past two years of mass job cuts 2024 looks to be taking the same route. Tech companies continue to announce layoffs, amid this advancement of technology. In January of this year over 34,000 people were laid off from over 40 different companies.
In total this year 457 tech companies have laid off 143,136 employees, for some companies these layoffs are a way of restructuring while others had to close down whole departments due to slow revenue growth.
