What you said is factually true. But many tech companies hired aggressively when interest rates were super low. Now that rates are higher than in these last 5

What you said is factually true. But many tech companies hired aggressively when interest rates were super low. Now that rates are higher than in these last 5 years it does makes sense they want to cut costs, and layoffs are one way to do that. It reflects well on EBITDA. You know, even if they say it's because of AI you can't ignore this change in the last 10 years despite interest rates still being lower than they were your entire life. It was a significant change in the landscape and especially how investments were made in tech companies. I hope this helped you understand the previous comment.