The article cites slow online sales as part of why they’re laying people off. Aren’t the mass layoffs a possible explanation as to the slower online sales? Isn’t this fueling the problem?
Real cost of living has gone up enormously over the last few years and we've been in a de facto recession since 2007. People probably just can't afford to buy stuff anymore.
Also these white collar, tech job layoffs are happening right after quantitative easing ended and the fed started jacking interest rates. When liquidity dries up and debts become a larger obligation I feel like a lot of these email jobs are about to be liquidated
The article cites slow online sales as part of why they’re laying people off. Aren’t the mass layoffs a possible explanation as to the slower online sales? Isn’t this fueling the problem?
deleted by creator
Real cost of living has gone up enormously over the last few years and we've been in a de facto recession since 2007. People probably just can't afford to buy stuff anymore.
Our food cost has doubled
So has housing
Also these white collar, tech job layoffs are happening right after quantitative easing ended and the fed started jacking interest rates. When liquidity dries up and debts become a larger obligation I feel like a lot of these email jobs are about to be liquidated
Their stock price fell $20 a share in the last quarter, so they gotta do something to appease the investors