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Correct, thousands of people without a paycheck won’t have a noticeable impact on an economy with 100,000,000+ workers
by plantwallshoe 3y ago
Correct, thousands of people without a paycheck won’t have a noticeable impact on an economy with 100,000,000+ workers
- yoav 3y agoThis. Also their pay check before being laid off likely gave them many years of cushion to survive the layoff and get another job, maybe outside of tech, maybe found a company and hire their friends that were laid off with them
- owlstuffing 3y agoAs if this isn’t a precursor to a much greater and extremely delayed tech layoff bonanza.
- I_Am_Nous 3y agoI dunno, at this point I feel like the economy hasn't crashed yet because no one wants it to. Companies could be regrouping for a couple of years to wait out the interest rate hike before resuming growth spending. If the market decides to pull back on tech (especially tech based on ad profiling/serving) it will definitely deflate those companies who haven't diversified in some way and correct the stock market pretty hard.