L4sBot@lemmy.worldMB to Technology@lemmy.worldEnglish · 10 months agoThe U.S. economy is booming. So why are tech companies laying off workers?www.washingtonpost.comexternal-linkmessage-square97fedilinkarrow-up1256arrow-down121file-text
arrow-up1235arrow-down1external-linkThe U.S. economy is booming. So why are tech companies laying off workers?www.washingtonpost.comL4sBot@lemmy.worldMB to Technology@lemmy.worldEnglish · 10 months agomessage-square97fedilinkfile-text
minus-squareangelsomething@lemmy.onelinkfedilinkEnglisharrow-up17arrow-down5·10 months agoThe layoffs are precisely why the “economy” is “booming”.
minus-squareTelodzrum@lemmy.worldlinkfedilinkEnglisharrow-up11arrow-down3·10 months agoNah, reducing costs in one relatively small sector doesn’t affect the GDP or other national-level metrics.
minus-squareAtmaJnana@lemmy.worldlinkfedilinkEnglisharrow-up2·9 months agoI could see how you might think that if you’re really bad at math and clueless about how our economy works. Unemployment is only 3.7 percent, nationally.
The layoffs are precisely why the “economy” is “booming”.
Nah, reducing costs in one relatively small sector doesn’t affect the GDP or other national-level metrics.
I could see how you might think that if you’re really bad at math and clueless about how our economy works. Unemployment is only 3.7 percent, nationally.