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A comment on Citing revenue declines, Airbnb cuts 25% of workforce. Parent comment

Re:Citing revenue declines, Airbnb cuts 25% of workforce by remote_phone on Tuesday May 05, 2020 @03:27PM (#23083838)
FANG is surviving, if not thriving. A lot of famous companies will disappear in the next 9 months. This feels a lot like the dotcom bust to me.
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Re:Citing revenue declines, Airbnb cuts 25% of workforce by three_seagrass on Tuesday May 05, 2020 @07:02PM (#23086139)
Q1 results only cover a few weeks of the lock down. FAANGs require consumers to continue spending, and with 30+ million unemployed, that's a lot less disposable income and piling debt.

We won't be able to fully see the results of the pandemic in the FAANGs until early Q3.

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Re:Citing revenue declines, Airbnb cuts 25% of workforce by dillonmckay on Tuesday May 05, 2020 @04:43PM (#23084821)
All global companies, too.
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