L4sBotMB to [email protected]English • 2 years agoThe U.S. economy is booming. So why are tech companies laying off workers?www.washingtonpost.commessage-square99fedilinkarrow-up1258
arrow-up1258external-linkThe U.S. economy is booming. So why are tech companies laying off workers?www.washingtonpost.comL4sBotMB to [email protected]English • 2 years agomessage-square99fedilink
minus-square@[email protected]linkfedilinkEnglish74•2 years agoLaying people off is a way to juice the stock price in the short term. So perhaps the “economy is booming” because of the layoffs?
minus-square@[email protected]linkfedilinkEnglish8•edit-22 years agoAbsolutely, layoffs are exactly why some tech companies can boast of record profits.
Laying people off is a way to juice the stock price in the short term. So perhaps the “economy is booming” because of the layoffs?
Absolutely, layoffs are exactly why some tech companies can boast of record profits.
The stock market isn’t the economy.