Detailed Instructions: Classify the given a piece of financial news into three classes: positive, negative, and neutral. Output must be 'positive', 'negative', or 'neutral'.
Problem:After Chuck Smith was laid off on May 30 from his $ 90,000 housing consultant job , he and his wife had to cut spending in half for their family of six , having to rely on his wife 's income -- about the same as his -- alone .
Solution:
negative