> it's because companies figured out that they were overstaffed and could afford to lose the headcount. Well yeah but why were they suddenly overstaffed? It wa

> it's because companies figured out that they were overstaffed and could afford to lose the headcount. Well yeah but why were they suddenly overstaffed? It wasn’t some kind of collective paranoia. It was interest rates. With low interest rates, investors want you to prioritize growth. With high interest rates, its profitability.