Klarna Cuts 10% of Staff Warning of Likely Recession

Re:Klarna Cuts 10% of Staff Warning of Likely Recession by giantg2 on Tuesday May 24, 2022 @08:54PM (#31499412)

All these places cutting staff and tightening their belts is going to be a self fulfilling prophecy.

[ Parent | on HN ]

Re:Klarna Cuts 10% of Staff Warning of Likely Recession by dredmorbius on Tuesday May 24, 2022 @09:19PM (#31499548)

There are a number of self-perpetuating economic phenomena.

Bubble mentality is one.

Bank-run logic.

Inflationary spirals.

Intelligent economic management injects countercyclical trends into the system to prevent positive feedback loops.

[ Parent | on HN ]

Re:Klarna Cuts 10% of Staff Warning of Likely Recession by yuppie_scum on Tuesday May 24, 2022 @11:02PM (#31500133)

What, like 5 companies? There are a lot of companies out there on a lot better footing/less overvalued than the big names you’re reading about that are still going to need skilled workers.

[ Parent | on HN ]