The U.S. just had the most Q1 layoffs in a decade
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Re: The U.S. just had the most Q1 layoffs in a decade
#2"The report said worry about an economic slowdown was the main driver of companies' layoff intentions."
I sometimes wonder if these sorts of economic projections end up being self-fulfilling prophecies. If everyone tightens up spending because they expect a recession, that essentially guarantees there will be one.
Re: The U.S. just had the most Q1 layoffs in a decade
#3cool fun times. glad we just gave billionaires and mega corporations a trillion dollars
Re: The U.S. just had the most Q1 layoffs in a decade
#4"The report said worry about an economic slowdown was the main driver of companies' layoff intentions." I sometimes wonder if these sorts of economic projections end up being self-fulfilling prophecies. If everyone tightens up spending because they expect a recession, that essentially guarantees there will be one.
That's an oldschool wonder https://en.wikipedia.org/wiki/Animal_spirits_(Keynes)
Re: The U.S. just had the most Q1 layoffs in a decade
#5> The impact: It's the highest number of job cuts in a quarter since 2015.
Highest since 2015 is less surprising than “ highest in a decade”
Re: The U.S. just had the most Q1 layoffs in a decade
#6cool fun times. glad we just gave billionaires and mega corporations a trillion dollars
Is HN going to turn into just another boilerplate low-quality, sarcastic tribal sniping comments section?
Seems like it's well on its way...
Re: The U.S. just had the most Q1 layoffs in a decade
#7"The report said worry about an economic slowdown was the main driver of companies' layoff intentions." I sometimes wonder if these sorts of economic projections end up being self-fulfilling prophecies. If everyone tightens up spending because they expect a recession, that essentially guarantees there will be one.
The whole economy is powered by belief. No bank would be able to handle a bank run.
Re: The U.S. just had the most Q1 layoffs in a decade
#8Re: The U.S. just had the most Q1 layoffs in a decade
#9"The report said worry about an economic slowdown was the main driver of companies' layoff intentions." I sometimes wonder if these sorts of economic projections end up being self-fulfilling prophecies. If everyone tightens up spending because they expect a recession, that essentially guarantees there will be one.
anytime you grow at an unsustainable rate, a slowdown is inevitable. It's not a question of if, its a question of when.
Re: The U.S. just had the most Q1 layoffs in a decade
#10"The report said worry about an economic slowdown was the main driver of companies' layoff intentions." I sometimes wonder if these sorts of economic projections end up being self-fulfilling prophecies. If everyone tightens up spending because they expect a recession, that essentially guarantees there will be one.
Yes they do play a part and can affect the market, building upon themselves. Then consumer mentality, "consumer confidence" may fall, then spending might fall, things can multiply on each other like this.
Market contraction...but with 10+ years of growth, a contraction is historically likely soon, right? Tough to time a market for sure, but I think the historical trends play into these self-fulfilling consumer sentiment prophecies as well.