Another Tech Company Announces Massive Layoffs

Daily Wire ^ | Nov 23, 2022 | By MICHELLE STARR

[Red Badger]

PING!.......................

[Skul]

BUILD BACK NEVER!

[Magnum44]

Silicon Valley about to implode?

[Red Badger]

But Biden said we are doing great!.................

[Vaduz]

Memo to Joe Biden:

The company reported net revenues of $14.8 billion in the fourth quarter, marking a decline from $16.7 billion in the same period last year.

[Gay State Conservative]

Thank Fauxi and his Rat Party friends in a number of Governors’ offices who deliberately chose to bring the economy to its knees in 2020 with the hope of driving Orange Man Bad from office

[Red Badger]

Add to that the inflation factor and it’s even less...............

[I want the USA back]

The left is having its way - shutting down the economy of the country that they hate.

[sasquatch]

Carly strikes again.

[HonkyTonkMan]

Sad, but not unexpected. Other FR articles on HP, including Carly's reign.

[cuban leaf]

Eventually the domino effect will kick in if this continues.

[proust]

Hope y’all enjoyed peak tech!

[cuban leaf]

I was in IT from 1983 until I retired in june of 2021. I saw it go from a lot of hard working people to a staff of mostly “quiet quitters” - although we didn’t use that phrase until recently.

Looks like we’re in for a correction.

[1Old Pro]

Looks like tech is expecting a massive slowdown in the economy. Some call it a recession.

[cuban leaf]

The challenge is that until the last century or so, most people made their living producing things people NEEDED. Now, only a handful of jobs fall into that category.

That means when times get tough, only those jobs are not on the chopping block. Do you really “need” that latte, or that jet ski, or that big TV?

[Vaduz]

Yes and going to get worse 2023 is going to be hard times.

[nicollo]

"At its heart, Twitter is a software and servers company, so I think this makes sense.”

Hopefully, Musk is serious.

Prior management thought it was an instrument of social compliance. With this from Musk, there's hope for more general reform across the media. Slimes, CBS, NBC, etc. have hidden behind Twitter bans.

[Empire_of_Liberty]

”… from Google to Meta to Twitter to Uber…”

Yes. They list a single company that you might argue has productive output.

If the others fail, we always have TikTok. /s

[maddog55]

Kind of irrelevant.. they’re like the government, you could layoff half the workforce and never notice a difference in production or service except in government they’d still be keeping and spending the salaries.