MSNBC The 11th Hour With Stephanie Ruhle June 4, 2024 07:50:00
Et cetera, they had to realize that way too many employees, productivity drops, significantly, so they lay people off. it is not a new thing to have this happen, but a lot of these companies are overstaffed and need to cut bodies. >> but in previous years, if there were layoffs, there were other tech companies hiring, this does seem like a unique moment where unilaterally they are all letting thousands of people go. so the question is, with the lead the in the street, go back to traditional industries? >> no, i don't think so. remember when google was found, it was during a downturn. so a lot ...
Source: archive.org