[–] toomuchtodo 2y ago ↗ 9% of global workforce, ~2500 employees.https://www.bloomberg.com/news/articles/2024-01-30/paypal-to... | https://archive.today/XSojt
[–] favourable 2y ago ↗ What's causing all these layoffs? Like, it's all I read in my feeds these days! Economic downturn or something more novel, like AI replacing jobs? [–] toomuchtodo 2y ago ↗ Desperation for trailing returns that have evaporated post "COVID bump" and ZIRP. Labor market is firing on all cylinders [1], it is the capital markets that are sad [2].[1] https://www.axios.com/2024/01/30/us-job-openings-report-stea...[2] https://www.bloomberg.com/news/articles/2023-10-14/end-of-co... | https://archive.today/0V56d
[–] toomuchtodo 2y ago ↗ Desperation for trailing returns that have evaporated post "COVID bump" and ZIRP. Labor market is firing on all cylinders [1], it is the capital markets that are sad [2].[1] https://www.axios.com/2024/01/30/us-job-openings-report-stea...[2] https://www.bloomberg.com/news/articles/2023-10-14/end-of-co... | https://archive.today/0V56d
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[ 3.0 ms ] story [ 18.7 ms ] threadhttps://www.bloomberg.com/news/articles/2024-01-30/paypal-to... | https://archive.today/XSojt
[1] https://www.axios.com/2024/01/30/us-job-openings-report-stea...
[2] https://www.bloomberg.com/news/articles/2023-10-14/end-of-co... | https://archive.today/0V56d