Read more on this: https://text.npr.org/1227326215 https://text.npr.org/1227326215 > "They're getting away with it because everybody is doing it. And they're g

Read more on this: https://text.npr.org/1227326215 https://text.npr.org/1227326215 > "They're getting away with it because everybody is doing it. And they're getting away with it because now it's the new normal," he said. "Workers are more comfortable with it, stock investors are appreciating it, and so I think we'll see it continue for some time." > Interest rates, sitting around 5.5%, are far from the near-zero rates of the pandemic. And some tech companies are reshuffling staff to prioritize new investments in generative AI. But experts say those factors do not sufficiently explain this month's layoff frenzy. They are simply bumping up their stock price. They were hiring and growing like little malignant cancers when that was the signal of "success", and now they are "streamlining", which is the new signal of "success".