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by Apocryphon
1242 days ago
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Couldn’t Google adopt a wait-and-see approach for a few quarters, if all of this was propped up by interest rates to begin with? Maybe instead of reflexively panic-layoffs they could have some sort of longer term strategy to see if the Fed reversed course in a matter of months, which has been speculated already. Why are these megacorps so dependent on the flighty whims of investors, who themselves sat by and allowed the companies to overhire and possibly demanded such a short-sighted risk? I see some other comments have mentioned this shareholder myopia. https://news.ycombinator.com/item?id=34481450 |
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