Why is tech job market still bad?
Wall Street loves layoffs for the first few quarters. It'll take a couple years for the drag and lack of innovation to show up in the numbers.
Then they’ll complain why the innovation stopped. Those mofos can never be made happy.
There is no correlation between stock market and the economy, it got broken long time ago.
Offshoring is lucrative
Offshoring has been going on for more than 25 years, yet every major tech company has their biggest HC in US. Offshoring doesn’t work unless the leaders making decisions are also offshored.
And we now have more competition with Tesla layoffs 😕
Blame on too much money in circulation.
This is the only reason! ATH is bc everything is artificially pumped
ATH because tech companies can now earn more money while hiring cheap and little
They could before too They just can’t justify dead weight in a high interest environment.