3 ms·
As I understand it, nobody(G8, lets say) is really in recession. Yet all the big tech companies have hiring freezes or layoffs. I wonder why? Interest rates
by Andaith 4y ago
As I understand it, nobody(G8, lets say) is really in recession. Yet all the big tech companies have hiring freezes or layoffs.
I wonder why? Interest rates mean debt repayments are increasing, thus they need to cut costs elsewhere? Something Else?
- _8j50 4y agoAppease shareholders. Do something so they don't sell because of recession fears. No one is in recession now