Possibly stupid question - why are so many companies laying off?
According to Wallstreet, the majority of the recession scare isn't a scare. Inflation, while not fully at target, is getting better. Unemployment is at an all time low.
So many companies are laying off like it's the worst times ahead. Obviously layoffs aren't taken lightly so there must be some internal signals that really push them to take these measures.
It just seems like Feds+WallStreet vs companies actions are at odds with each other?
According to Wallstreet, the majority of the recession scare isn't a scare. Inflation, while not fully at target, is getting better. Unemployment is at an all time low.
So many companies are laying off like it's the worst times ahead. Obviously layoffs aren't taken lightly so there must be some internal signals that really push them to take these measures.
It just seems like Feds+WallStreet vs companies actions are at odds with each other?