They Promised a Boom – 2026 Just Delivered Mass Layoffs

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Summary

➡ As we enter 2026, many people are losing their jobs across various sectors, including tech, finance, and service industries. Major companies like Meta, Citibank, and BlackRock are laying off employees, with Meta cutting 1,500 jobs from their AI division and Citibank laying off 1,000 more adults. Even the restaurant industry is suffering, with fewer people going out to eat. This trend of job loss is expected to continue, with over 100 companies currently issuing layoff notices.

Transcript

Hey, it’s Dan. Welcome back to iAllegedly. And let’s welcome you to 2026. Now you’re fired. So many people are losing their jobs as the New Year’s hit. Let’s cover it. Like, subscribe, and let’s get right into it. Remember, our temporary email address right now is iAllegedly at gmail.com. What we’ve seen in this economy was a slowdown. That’s what we were all told. This is going to reverse in 2026. These are going to show you how good they are. Stock markets at an all-time high. The metals market is completely upside down and twisted. I visited different places that sold metals this morning, and we are seeing prices like we’ve never seen in our lifetime.

Ever, ever, ever, ever, ever. But what’s happening is it doesn’t matter what you sell, what your company makes. It doesn’t matter what service you offer. You’ve got a problem right now. People are trying to do it for less, which is what I’ve told you was going to happen. You haven’t seen anything yet, because everybody, you know, stay alive to 2025. All that shenanigans that we were told about how great everything’s going to be in the economy, and if you can just make it through 2025, you can do anything. Yeah, okay, if I can make it there, I can make it anywhere.

No, you can’t. And the problem with it is it doesn’t matter if it’s tech, it doesn’t matter if it’s finance, it doesn’t matter if it’s service, logistics, trucking, autos, retail, restaurants. We are done. We are done. We’ve covered so much lately about restaurants, but I had somebody who was a restaurant advocate and somebody that helps people open restaurants, and they said, listen, people right now are not going out and they’re not indulging in anything. And I thought, that’s a great way of putting it, because what’s happening is you may be on a diet, you may be on your fitness kick, and by the way, 80% of you have already quit your New Year’s resolutions because you can’t keep a plan to save your life.

Dun, dun, dun, oh, that’s a terrible way to put it, you know. Well, seriously, almost the middle of the month, and are you still exercising, are you still eating right? No. But when it comes to going out to dinner, people want to, they want to treat themselves. Let’s have a drink, let’s have something nice, let’s get dessert. They’re not doing that. But I want to talk about some of the major ones which blew me away because of the fact that you’re having people like Meta, Facebook, are laying people off. They’re going to cut 1,500 jobs from their AI division.

And that’s crazy, guys. No one thought that that was going to happen. Well, isn’t that, isn’t AI the future? Isn’t this where we’re going to make all our money and all the growth is? No. All the gaming section. Reality Labs division is done. And I’m going to cut back, seriously. My buddy in Florida, Gary sent me a great story about how Citibank is, they’ve been going through a restructuring now, this is the third year, guys, of their restructuring. They’re going to lay off 1,000 more adults. That’s 1,000. 1,000 households are going to be without a paycheck in the next 60 days.

They’re going to just get rid of these people. And they’re in various forms of management, various forms of different financial services, everything. It doesn’t matter. Citibank is a fairly strong bank. They’ve got a good reputation, but they don’t have any money. They’re charging, they’re trying to create ways to charge people more money for everything that they do right now. So Citibank is laying everybody off. BlackRock, the company that everybody hates. Only one person says, oh, I love BlackRock, unless you work there, and they’re getting a paycheck every two weeks. They are laying off 250 jobs, about 1% of the workforce, as part of an additional operational restructuring.

Once again, guys, this is just company after company after company. Meta is different than the bank. It’s different than BlackRock in their real estate division. It’s done. Angie, for me, Angie’s List. I grew up here in Southern California, and I can’t stand this woman. Growing up with my family’s construction company, they did a referral service. Angie’s List is what it used to be called when they started. Now they bought the domain and spent a fortune for the domain, A-N-G-I. What this fat ass would do is when you got leads from them, they would give it to multiple companies.

So you would pay a fee for a lead, and then they would sell it to 20 people. Why don’t you go do your own advertising? That’s what I told my family, and they were short-lived with my family’s company. But my point is that everybody’s got to be bigger. You just can’t be a successful entity. You’ve got to be the biggest. You’ve got to be international. You’ve got to go public. You’ve got to do all this stuff. And sometimes you shouldn’t. Sometimes you should just be rich and just be rich enough. But the problem with it is that people can’t handle this.

Well, Angie and that group, they’re laying off people left and right, 350 jobs are they’re getting rid of. And what are they doing getting rid of things because of AI and how they’re making changes in the AI division. So that’s good. More worn notices. There’s more than 100 companies right now, 100 of them out there that are giving layoff notices right now. A worn notice is something that they have to file. The company files with the state and lets people know that they have 60 days. Within 60 days, we’re going to get rid of these people.

And we saw this in early November with people, laying people off before the end of the year. And I had a friend of mine that got laid off this last year. And his goal with his money was to get a second job prior to his payroll running out. He wanted to double dip the company. And I thought, what a goal. 60 days later. Took three weeks off. Woe is me. This sucks. I’m miserable. And then went to town and got himself a new job. In fact, I’m having dinner with him tonight. So that’s cool.

You know? Think about this. Look at all these companies that are laying off. UPS, 48,000 jobs. Amazon, 14,000 jobs. Now, we’ve talked about this over the last few days. Of all these companies closing, all these restaurants closing. And, you know, when you think about this, you and I don’t know how many people work at a steakhouse, at a McCormick and Schmicks. You think they’re doing that with three people? They saw the most horrific video about a guy that worked at Ruby Tuesdays and the company and the management, which belongs, they have a place in hell.

They brought a manager in and told him he had to work Christmas Day at Ruby Tuesdays. And he had to work at a Christmas Day location and he had to bring him poison. And by the way, we’re not paying any extra time and a half or holiday pay or anything like that. No, you just need to get people in. So they asked for volunteers, and like every human being on the planet, and it doesn’t matter if you’re Jewish, you don’t want to work on Christmas. Can I pass? I don’t want to work.

I want that day up. Everything else is closed and we should be closed. What happened? They had four people in the store, the restaurant, and it was slammed. And he did this horrific video about how bad it was and how he couldn’t get people to work, and what did management do? They blamed him. He had to cook, he had to serve, he had to seat people, he had to do everything at that S-hole, substandard coffee shop, you know, Ruby Tuesdays. Isn’t that great? So they fired him. And again, he’s gotten all these different job offers since then, but this is what people do.

People forget about the human element of everything. You want people to do more for you, be kind to them. Hello, please, and thank you. I tell so many people this. You know what’s funny is you get executives that make a lot of money, and because they’ve made a lot of money selling, I’m just going to say furniture. They don’t know any about selling furniture right now. They think that they know everything about everything, where I have a friend of mine who owns multiple businesses and created all this stuff with AI, and it was absolutely, and he’s brilliant, but that guy gets the humility of, I don’t know everything, I’m learning things constantly, and by doing that, it makes him a better businessman.

He doesn’t need to flash his cash. If he stopped today, he’d be able to pay his bills for probably 25 years. But with that being said, doesn’t want to live that way. Again, hello, please, and thank you. Kindness counts. You have to try that once in your life. So, all these people. Intel, 24,000 jobs. Nestle, chocolate, chocolate chip company, coffee company, candy, all that stuff, 16,000 jobs. Accenture, 11,000 jobs. Target, 1,800 corporate jobs, 1,800. Telefonica, 6,000 jobs. IBM, 2,700 jobs. It is just nonstop. But this is just the beginning, guys. This is not next, guys.

This is it. I want to talk to you guys about silver and gold and everything like that as we prepare. We’re starting to interview my agents, got meetings and things like that, set up with all these different sponsors for 2026. It’s a very exciting time. It’s nice to be Dan. You know, for the season, let’s put it that way. So, which team am I going to go with? Okay, that’s where we’re at right now. But one thing I like to do is go interview and look at different gold companies. And I went to a vault company today to talk to them.

And they are getting over $95 an ounce for silver right now. It is crazy. They are getting almost $8 premiums. And you know what the thing about this? Is if they don’t have it in stock, they have a lot of stuff in stock. But if they didn’t have it in stock, what’s the delivery time? Two weeks? No, six weeks right now in the delivery time. You have to write a check. The check has to clear. The price is the price today if you write them a check. If you spend more than $1,500 in the state of California, $1,501, then you don’t have to pay sales tax for it.

But they have so many people with the fear of missing out right now that they are seeing radical prices. They have the cash there. This is the same company that I went and investigated about a year ago where they were writing people checks and having people hold the checks for two and three weeks before they could cash it. It was seven days, ten days, and then three weeks. The other thing that was crazy to think about was their delivery time went from two weeks, three weeks, five weeks. Now it’s six weeks on metals and on gold.

Hello, hello, hello. Isn’t that wild? Oh, by the way, oh, you’ve got silver eagles? We don’t care. We don’t care. You’ve got an ounce of silver that we can verify that it’s silver? That’s what we want. You have 100-ounce bars? We will pay for 100-ounce bars with 18 people waiting for 100-ounce bars, orders that they have not received yet. Isn’t that great? That’s an exciting time. What does the world look like if silver goes to $200 an ounce? Well, we’ll make money, Dan, hand over fist, because that’s what’s happening right now.

The industrial uses for silver have made it so it’s crazy, but the buy-down, how it goes up a few dollars and then drops seven and then goes up and there, oh, this is it. It’s not going to be there. You haven’t seen anything yet. So it’s very, very exciting right now to be in the medals game and to be playing this, and you could day trade this stuff if you want to, but then you could also sit there and just buy it. Now, the lies that I have not been able to verify, and they laughed at this stuff.

China selling silver at $185 an ounce and that’s what they’re paying for it. No, they’re not. They’re not. They’re like, no, who says these lies? Like he said, some rich YouTuber, okay? I think it’s great because we’re seeing something totally, totally, totally that we’ve never seen before, and I think that you’re going to see more and more companies go out of business. You’re going to see the inflation problem get worse and worse and worse. Inflation hit 2.7%, and people are furious over this. Donald Trump says we have to lower interest rates.

It’s going to come. In May, when we have our new Fed chairman who will know something about construction and won’t spend $3 billion in a remodel, it’s going to be interesting. JP Morgan took a huge hit. They had the Apple card. They did the credit card for Apple, and they’ve taken a huge hit as it builds reserves for the Apple card. So we’ll see if that works out for them, taking that over from Goldman. What do you guys think about all these different things? Let me know in the comments below.

Aaron Smiles, broker Aaron, as I call him, always sends me good stuff, but I was pleased to send him something. The local All-Sweet Hotel in San Diego, an Embassy Suites, that sold for 50% discount from the last time it sold eight years ago. It sold for $111 million for a hotel, which is a ton of money, but it sold for $223 million six years ago. Man, who can afford to lose money like this? Don’t you guys just freak out when you hear this stuff? Because I do. But you get a hotel, and I know the hotel.

I’ve driven by it in the La Jolla area. It’s nice. I’ve been to events right next door to it. There’s a little bit of wildlife behind me here. I’ve got the ducks sitting out there, but I can’t live like that. Dr. Marvin sent me a great story. It’s not great. It’s sad, but it’s a good story to share with you guys. He was a retired lawyer, 87 years old, went out and needed service on his computer, so he called Microsoft, went online and looked up the Microsoft customer service phone number, and he got it.

The only problem was it wasn’t Microsoft. The retired lawyer, 87 years old, lost 85 grand by giving them personal information. They just drained his bank account. So I am telling you guys, make sure you know who you’re talking to. There’s all these different scams out there. There are scammers that intercept phone calls right now, which I’m investigating right now, which is crazy. You click on, hey, I’d like to talk to somebody about a payment, and they transfer you to India, and you’re no longer with Microsoft. You’re with somebody else who’s going to clean your credit card out and your bank account like they did that for individuals.

Please do not forget that we have a video sharing site, newvideos.com. That is unbelievable. I just was on the Health Rangers show, Decentralized TV with Mike and Todd, the Health Ranger and Todd Pentor. It was great. It was fantastic. I’ll share more details of that in the coming days, but check that out. I’ll leave the link below, and I absolutely love doing it. The Health Ranger is a brilliant guy, and so is Todd, so I plan on working together with them a lot more in the future. Let me know what you guys think, and onward and upward.

Again, the email temporarily, iallegedlyatgmail.com if you want to get ahold of me. I will see you very soon. Thank you. [tr:trw].

See more of I Allegedly on their Public Channel and the MPN I Allegedly channel.

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