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Yet perhaps there is further for the story to run. Tech-industry lay-offs got going in earnest in 2022, when almost 165,000 jobs were lost. They are now coming thick and fast. Since the start of the year, more than 210,000 jobs have been cut. History suggests that firing seasons build momentum. It took years for banks to downsize in the wake of the global financial crisis. Just as with the tech companies, lay-offs would need to be several times bigger to return financial firms to their pre-pandemic sizes. Although banks are trimming the fat, they do not yet look lean. ■ Wifedoge crypto The DoD OIG recommends that United States European Command (USEUCOM) complete a review of logistics support business rules to identify and implement changes necessary to ensure the efficient transfer of ammunition to Ukraine.

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