I hate to read this but happy to refer any of those 3900 to TikTok / Bytedance. DM for a referral if you’re impacted, that goes for anyone reading
Yield curve uninverting faster now so more ppl will get unemployed. Thousands seem to have already been laid off this year. Bad for stocks?
Not really.. overall unemployment rate is good. It just high paying tech jobs are lost which is miniscule compared to other fields. No one or Biden cares about tech jobs or sympathetic as none of us were sympathetic to others when those jobs are lost. In energy, service and hospitality. We as tech told them re train for future and laughed at coal and oil field workers
Those laid off currently will only show up in the unemployment rate 3-6 months from now. The rate might also be revised up or down so it’s a lagging indicator. But true about the high paying jobs lost.
IBM up 8% after hours 👀
Exactly. I made bank on the stock
It has still vastly underperformed other tech stocks even with 8% rally
Want does IBM do nowadays? Still so many people to lay off.
Keep all the useless managers and lay off all the foot soldiers. Keep all leaders too as if IBM is doing lot of innovation and you have a creative crowd of people lol.
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Hallelujah!
Copy paste that stupid article, OP. can't pay
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welcome