4 ms·
This level of layoffs only happens during major economic downturns. Last one was 2008 and before that was the dot-com crash. So once a decade or so.
by marcinzm 4y ago
This level of layoffs only happens during major economic downturns. Last one was 2008 and before that was the dot-com crash. So once a decade or so.
- lamontcg 4y agoThis isn't a major economic downturn... yet.
- red-iron-pine 4y agoThere were two continuous quarters of negative growth... so the regulatory orgs changed the definition of 'recession'
- code_duck 4y agoWhat I wonder is how it's affected by almost every commentator, analyst and corporation in the world saying "we're expecting very poor economic conditions". Id' theorize that hearing that makes people less likely to commit to purchases and hiring. Pretty much a self-fulfilling prophecy.