[RomanPushkin]

Upstart: "the challenging economy"

Seagate technologies: "global economic uncertainties"

Philips: "worsening macroeconomic environment"

Microsoft: "valuate our business priorities on a regular basis and make structural adjustments accordingly"

Intel: "sudden and rapid" economic decline

Twilio: workforce grew “too fast” and “without enough focus”

[ryandrake]

I love how vague they all are. They might as well have said "We have a bad feeling about the world" or "We consulted an ouija board" as justifications. Do they really think a normal person reads these and accepts the reasoning?