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That seemed to be the feel in 2008 as well. Lots of companies that were fine choose to have layoffs just because they “saw” a rough economy ahead. Self fulfi

• scarface74 4y ago
  In 2008, spending was in the toilet after the housing crash. That’s not the case now.
  • shakezula 4y ago
    Do you think inflation and supply chain issues could have a similar effect as a decrease in spending?
    • scarface74 4y ago
      Why would “supply chain issues “ reduce spending? If a company is having supply chain issues, that by definition means that there is more demand than they can supply. Meaning people are willing to spend money. What are companies going to do when they get supply if they lay off workers? Besides, if you work for any tech company, you should be able to throw your resume in the aid and get another job. Even if you are a blue collar worker, there are plenty of companies looking. I have a friend who works in finance for a major manufacturer. He said the company had to be a lot more lax about firing factory workers because they already had a shortage.
      • nprateem 4y ago
        Because they can't get the supplies to manufacture and therefore sell their own products reducing their revenues.