Following
50%. Musk showed the way. All projects in maintenance mode can expect that.
For those who never seen earlier recessions, this seems peak but it is not. With a hangover of decade of bull cycle I know it will be hard to believe for young folks. Wish you all the best.
No more layoffs for now until end of second quarter. If economy dips further then expect more layoffs.
10% more in Amazon is likely. There will be one more in April or Oct
It all depends the stock price and future growth as well. If the stock price keeps going lower they will have to fire for optics. If growth is slower then obviously need to reduce cost. So like fed says, it's data dependent
I'd be really really surprised if there isn't a 2nd round, but it will be after another assessment of the overall economy and earnings result. Also for Google it will depend on whether Amazon, Microsoft and Meta do a second round because Sundar likes to play it safe and not be the only one doing things like this.
Brb 🔮