Live data from Hacker News

Amazon is said to plan to lay off thousands of employees

nytimes.com

1–10 of 298 posts

Re: Amazon is said to plan to lay off thousands of employees

#4

And they say we are not in a recession.

Exactly. Also many said 'engineers are not affected!'. I'm sorry to say they are.

The delusion and denial about how this is not a tech crash in 2022 is really quite hilarious and I do not believe that it is over just yet.

Re: Amazon is said to plan to lay off thousands of employees

#10

And they say we are not in a recession.

I get we've been cooking the books and printing money during COVID, but shouldn't there be a raw productivity explosion in the US economy with COVID restrictions lifting? Suppressed consumption, increased output, etc?

This does seem like some weird massive manipulation of the economy by the elites to grab more wealth and control. Or it's just some collective revenge against the various antiwork / worker empowerment / etc that came out of COVID to put the proles back in their place.

Or maybe its just that a lot of investment dollars are drying up from overseas with inflation.

Post reply on HN