$SBUX closing 400 location 
$T cutting 3,500 positions
$UA 6,000 layoffs 
$GM 6,500 furloughed
$BA 7,000 layoffs
$HLT &amp; $MAR 10k layoffs

Fired due to bankruptcy -
$HTZ 25k fired  
JC Penney $JCPNQ 72k fired

This is just the beginning, hold on to your cash.
$SPY $QQQ $AAPL $AMZN