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They specifically list three (not two) companies, but suggest it's happening on other earnings calls at well. I don't know that they need to make a giant list o
by elicash 6y ago
They specifically list three (not two) companies, but suggest it's happening on other earnings calls at well. I don't know that they need to make a giant list of every company. Others, below, list additional evidence in the article.
They say, in the second sentence: "The hard numbers won’t be in for months, but anecdotal evidence is piling up." Anecdotally, I've heard similar from friends and family, too.
Is there a single quote in the piece that you think COULD be inaccurate? I think it smartly distinguishes between what we know and don't know.
- goalieca 6y agoI was furloughed as were many of my neighbours and friends in tech. Some are drawing up lists for layoffs as we speak. There’s few job opportunities now. Many of us hate the cut but do enjoy the stability of keeping our jobs. Overall, I think tech will be bruised but not completely shattered like others. The economy is probably going to take years to recover.