Re:Citing revenue declines, Airbnb cuts 25% of workforce
by asdff on Wednesday May 06, 2020 @05:04AM
(#23089127)
Are we looking at the same markets? We are still below where we were, and a pullback after an initial legdown is expected. Look at the chart from 2008. Leg down, pull back, some time at the top of the roller coaster to look around, then the real big second leg down that just pummels the market.
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Re:Citing revenue declines, Airbnb cuts 25% of workforce
by kortilla on Wednesday May 06, 2020 @06:01AM
(#23089370)
Nasdaq is nearly flat for the year. 2008 was systemic failure of financial system. Unless you’re suggesting something much worse will be unearthed by this shock, this is looking like 1987.