MyPillow founder Mike Lindell has been effusive in his praise of President Donald Trump‘s economy. But the current economy isn’t good enough evidently, to keep Lindell from having to sack a large number of employees.

According to a report from Minnesota Fox affiliate KMSP, MyPillow is laying off approximately 150 employees at its Shakopee, MN factories.

Lindell claimed that the launch of a new venture called MyStore forced his hand and necessitated the layoffs.

“I value each and every one of my employees so this is a difficult decision, however this is what is best right now for the future of MyPillow and to prepare for the launch of MyStore.com,” Lindell said in a statement to KMSP. “Once MyStore is up and running, we anticipate we will be hiring.”

In a June 2018 op-ed for the Duluth News-Tribune, Lindell — whose MyPillow advertisements are a fixture of the Fox News primetime lineup — wrote that the President’s economic policies were a boon for his company.

“After more than 500 days with Donald Trump as our president — with record-low unemployment and a booming economy — it’s clear, Minnesota, that we can rest easy,” Lindell wrote. “As a proud American business owner, I have seen firsthand the positive changes President Trump’s policies are bringing to our state. Because of the president’s historic tax cuts, I was able to give my employees an immediate across-the-board pay raise to help fuel their lives and advance their careers.”

(h/t Vox’s Aaron Rupar.)

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