Tech Layoffs a snowball effect ?
Layoffs frenzy cuts Mega-Tech’s share price in a detrimental effect ?
$Tesla Motors(TSLA)$ : 10% of salaried workers
Twitter (now privately owned by Elon Musk): 50% including executives
$Meta Platforms, Inc.(META)$ : 11000 jobs
$Amazon.com(AMZN)$ : 10,000 jobs
Is it a bargain for stock owners or still a strategic move to stay in safe havens like high interest bonds ?
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#techflakes
#techlayoff
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#inflationwoes
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