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Isn't that exactly the parent's point? They are saying that many unprofitable companies haven't done their layoffs yet, because they're still coasting on huge
by ketzo 4y ago
Isn't that exactly the parent's point?
They are saying that many unprofitable companies haven't done their layoffs yet, because they're still coasting on huge funding rounds from 2021. Thus, there are more axes yet to fall.
Not sure how much stock I actually put in that argument -- lots of VC-funded companies are already doing layoffs, too -- but I think you're sort of agreeing with them.
- VirusNewbie 4y agoIf a company isn’t doing layoffs now, when there is basically a free pass PR wise, they must be extremely over confident or delusional.
- ketzo 4y agoNot that you’re wrong, but aren’t you kinda describing the archetypal VC-funded startup founder? :D
- whatshisface 4y agoIf you're describing it as a PR pass they don't have one.