this post was submitted on 17 Jan 2024
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Didn't they just do several rounds of layoff?
I guess layoffs are a sign of a dying company...
Yeah, all the largest companies in the world conducting layoffs are dying simultaneously.
Why isn't it possible?
The cost of servicing debt has exploded.
Not saying it isn't possible, but layoffs would not be the bellwether for that. Companies lay people off all the time, even when they aren't hurting if they think they can pad their bottom line.
I guess we can at least agree, that even if a company doing lay offs isn't necessarily going belly up, a company that is going belly up is probably doing some lay offs along the way.
However going beyond the point we agree over... what if a lay off sets in motion a series of chain reactions:
I am sure there are other factors and maybe some of those three above are not a factor at all..
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Why isn't it possible?
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It’s more that the years of “hyper growth” has ended.