Ah, more layoffs!
Setting aside the things I'm feeling when reading this, I'm trying to piece together a picture, for my own curiosity, of this trend, and I'm left with many questions, among those:
* Are all these layoffs meaningfully based in some hard economic data (e.g. end of ZIRP and some real analytical assessments of the direction of the economy)?
* Or, is this some form of corporate herd mentality?
There's no malice in my comment, but I often teeter back and forth between "these collections of smart people are surely doing some data-anchored homework before making these decisions" and "nobody knows what we're doing and the easiest thing is to immediately increase profit, like my friends at that other company!"
I just want to form a more realistic and objective image of how these massive companies operate, whether or not that image may seem optimistic or cynical.
Setting aside the things I'm feeling when reading this, I'm trying to piece together a picture, for my own curiosity, of this trend, and I'm left with many questions, among those:
* Are all these layoffs meaningfully based in some hard economic data (e.g. end of ZIRP and some real analytical assessments of the direction of the economy)?
* Or, is this some form of corporate herd mentality?
There's no malice in my comment, but I often teeter back and forth between "these collections of smart people are surely doing some data-anchored homework before making these decisions" and "nobody knows what we're doing and the easiest thing is to immediately increase profit, like my friends at that other company!"
I just want to form a more realistic and objective image of how these massive companies operate, whether or not that image may seem optimistic or cynical.