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My list so far: Apple, Tesla, Buzzfeed, Verizon/Yahoo/CNBC, HuffPost, SpaceX Doesn't look like the layoffs will be ending soon either. If it was just one or tw
by coryfklein 8y ago
My list so far: Apple, Tesla, Buzzfeed, Verizon/Yahoo/CNBC, HuffPost, SpaceX
Doesn't look like the layoffs will be ending soon either. If it was just one or two that would be one thing, but this is forming a pattern. What do all these companies know?
I keep hearing word of a potential recession or downturn. Is anybody here more keyed in than myself and can provide an explanation?
- strangegecko 8y agowithout having read the article: layoffs in preparation of an economic downturn would be unusual, especially when it's R&D in a cash rich company I don't think there's a pattern, companies lay off and rehire people all the time due to changed goals and/or requirements
- cco 8y agoI'm not sure I follow, you think that employment goes up during economic downturns?
- imtringued 8y agoWhat if the economic downturn has already started and it's just that these specific companies are feeling the effects sooner than others?
- WDCDev 8y agoLayoffs happen all the time so I am not reading too much into this re. macro economics. However, I firmly believe the autonomous driving bubble will pop eventually, and you will have layoffs across that entire segment of the tech industry.