L4sBot@lemmy.worldMB to Technology@lemmy.worldEnglish · 2 years agoThe U.S. economy is booming. So why are tech companies laying off workers?www.washingtonpost.comexternal-linkmessage-square98linkfedilinkarrow-up10arrow-down10file-text
arrow-up10arrow-down1external-linkThe U.S. economy is booming. So why are tech companies laying off workers?www.washingtonpost.comL4sBot@lemmy.worldMB to Technology@lemmy.worldEnglish · 2 years agomessage-square98linkfedilinkfile-text
minus-squareangelsomething@lemmy.onelinkfedilinkEnglisharrow-up0·2 years agoThe layoffs are precisely why the “economy” is “booming”.
minus-squareTelodzrum@lemmy.worldlinkfedilinkEnglisharrow-up0·2 years agoNah, reducing costs in one relatively small sector doesn’t affect the GDP or other national-level metrics.
minus-squareAtmaJnana@lemmy.worldlinkfedilinkEnglisharrow-up0·2 years 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.