The explanation that is circulating is that everyone is making decisions based on where inflation is headed. If inflation is not tamed, business leaders will s

The explanation that is circulating is that everyone is making decisions based on where inflation is headed. If inflation is not tamed, business leaders will seek to extract more cost cuts (more layoffs). The other headline is that LLM and ChatGPT is reshaping the tech landscape. Tech companies are laying off engineers so they can hire AI/LLM engineers to compete with ChatGPT. Based on my limited knowledge, OpenAI is head and shoulders above everyone else. Google's Bard is a distant second.