These Are the Industries and Professions That Are Struggling More Than You Think

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  • A red tarp sign attached to a building that says “closing down, everything must go”
  • What industry is secretly on the verge of collapsing, but people outside of it haven’t noticed yet?

    ChaLenCe call centers in Asia are getting wiped out by Ai
  • Vegetable Pirate_702 The quinoa market is about to collapse I have it on very good. authority that the global supply chain shocks are going to hit it very hard in the next quarter. Bankruptcy and farms being sold is in the future although massive profits for distribution networks.
  • nogzila New and Used car parts are taking a major hit. Fram has filed bankruptcy. Grupo Antolin has went out of business. First brand group is filing bankruptcy. O reilys is buying out Napa CSK which made remanufactured parts also filed bankruptcy.
  • Just this year all of this happened and was only brought to my attention when I went to autozone and asked do you guys sell frames oil filters anymore ? And they said yes if we can get any because they are going out of business, which Fram was always top of the market so really drew my interest.
  • theassassintherapist Translation and interpretation services
  • oblectoergosum Magicians
  • Significant-Use-1596 Community Pharmacy. The reimbursements on prescriptions is horrible due to the PBMs. Pharmacies often lose money on prescriptions. See.. Rite Aid.
  • EffectSubject2676 Irrigation agriculture and beef feedlots over the Ogallala Aquifer. It is rapidly being depleted and those areas will be in a deep economic decline. Also, the Ogallal areas produce like 25% of USA's grain and beef.
  • Advisor Total404 the newspaper industry is hanging on by a thread, so many are going digital only and struggling to monetize it
  • rolan56789 Universities as we know them. Major public and top private schools are hurting, but a lot of regional school are outright failing. The major publics are often surviving in part due to major expansion of online programs. However, the value of these degrees is unclear (e.g. even
  • if you take them seriously, your classmates using Al to get through dilute the signal of the degree). If these programs bomb out, think lots of places will be completely screwed. I expect to see more closures of regional schools in coming years, and reductions or eliminations of entire departments at the big schools.
  • ploood1456 The Arts and Culture sector are d_ng from a philanthropic standpoint. Most people have shifted their giving away to more "urgent" causes. Corporate funding moved away in 2008 and never returned. These orgs haven't figured out / can't fill the
  • gap with earned income. For example, look at the lack of original/new shows on broadway (which are often workshopped by non profit theaters, ie rent at NYTW or Hamilton at the a public). I swear I hear about an opera company or Museum shuttering every week
  • monstercoo Maybe it's not a secret, but the gaming industry is collapsing. The market is oversaturated. There's too much supply for the demand.
  • Al slop, thousands of indie games, and other distractions like netflix and social media has made the industry too risky. The result is that game studios cannot predictably release a successful game and get investments. With all these studios failing, game developers cannot find reliable employment and are being forced out of the industry.
  • deathleech The housing industry. We are seeing sales at all time lows not seen in 30 years. We have lower sales now than we did in 1990, but there 80 million more people in the US today (260 vs 342). Rates that have over doubled in the last five years along with soaring housing prices have all
  • contributed to this, as well as inflation and costs in general. No one can afford a home and anyone with a home refuses to sell for less than top dollar since they don't want to lose their sweet sub 3% rate.
  • FairyPetalDust Fast Fashion. Shein and Temu are eating everyone's lunch but the mid-tiers brands (Gap, Express, etc) are bl ding cash. One more supply chain hiccup and half the mall goes dark.

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