L4sBotMB to TechnologyEnglish • 1 year agoThe U.S. economy is booming. So why are tech companies laying off workers?www.washingtonpost.commessage-square99arrow-up1262arrow-down121file-text
arrow-up1241arrow-down1external-linkThe U.S. economy is booming. So why are tech companies laying off workers?www.washingtonpost.comL4sBotMB to TechnologyEnglish • 1 year agomessage-square99file-text
minus-square@VubDapplelinkEnglish72•1 year 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@dustyDatalinkEnglish7•edit-21 year 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.