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My uninformed guess is that the unemployment is a contributing factor. Consider the act of huge workforce reductions just before a shareholder earnings call. Th
by fifticon 6y ago
My uninformed guess is that the unemployment is a contributing factor. Consider the act of huge workforce reductions just before a shareholder earnings call.
The math shows huge revenue (built with the workforce you had until recently), offset by greatly reduced salary costs.
The recent enormous layoffs, possibly has such a "heating with the wall paneling" effect. If so, it's a sort of dead-cat-bounce, given that it's hugely unsustainable - you'll soon be out of wall paneling.