Explanation for layoffs. Not interest rates but...

Getting used to the new normal

Facts. The opportunity is for those companies that want to build good teams. They have a lot of quality talent in the market to choose from.

Lots of supply, hardly any new startups, companies improving earnings by cutting payroll. New normal.

This is what happens when you have comical employment laws and a borderline dystopian society with out of control capitalism. Playing with 250,000 people's lives so the stock price can go up 5%

Copy cat phenomenon. Wall Street has started taking layoff as bad news starting last week based on my observation so all these layoff will hit in company’s ass soon For ex: Look at UPS, even with mass layoff stock is shitting the bed

The funny thing is the word “off” was accidentally omitted from the title of this article at first. Which obviously would be far from the truth. lol.

Didn't know people still read NPR now that they are off Twitter, how do you find the article?

Lmao. I kept telling you about all the pending layoffs back last year. Few of my neighbors are director to VP level at FAANG and had a good laugh about the phrase copycat layoff..

Workers should remember this! Be loyal to fin nobody when it comes to your job. Monkey branch ruthlessly for better comp when they start rehiring. Anytime you hear sentences like we are family in this company, start applying the next day itself.