What's going on with all these job cuts all concentrated now? The market is expecting the Fed to start cutting interest rates[0] in March and that has been bullish for the latter half of last year in the stock market. So why are so many companies cutting people? Are the March rate cuts too little too late or do they see that some damage has already been done and they're front running that? Or is it that layoffs is the only way they see to maintain their growth expectations set by wall street and thus it's a financial engineering move?
[0] https://www.cmegroup.com/markets/interest-rates/cme-fedwatch...