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FOXNEWS Your World With Neil Cavuto June 4, 2024 21:32:00

i m not, neil. i ll tell you why. i know there s this concern about is this a canary in the coal mine. what is happening in the tech sector if you look at the lay-offs in 2022, 2023, they re almost all tech companies. they re right sizing. they got out over the top of their skis. the proof of that, look at revenue per employees, it s about 1 to 1.5 million per employee. that should have been coming down. you should have operating leverage. if your revenue goes up 20%, you don t need 20% more employees. they ve been hiring into their revenue. they realized that s not the case. so now they re blaming a looming recession on that. when microsoft did their lay-offs, the representatives were in davos at a sting concert. that doesn t sound like a management team that is panicking. ....

Neil Cavuto , Lay Offs , Tech Sector , Coal Mine , Tech Companies , Per Employee , 1 5 Million , Operating Leverage , Doesn T , Management Team , Sting Concert ,

Michael Wilson doubles down on earnings bust

Michael Wilson doubles down on earnings bust
macrobusiness.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from macrobusiness.com.au Daily Mail and Mail on Sunday newspapers.

Martin Leibowitz , Operating Leverage , Gross Margin , Sunday Start , Dont Overlook Operating Leverage , Sign Our Thesis Is Playing Out ,