Re:Meta and Google are cutting staff
by seibelj on Wednesday September 21, 2022 @04:55PM
(#32931396)
They have much better insight than the rosy numbers put forth in their quarterly earnings. I think they are sensing rough waves ahead.
[ Parent
| on HN ]
Even if the economy overall chops along with small (but positive) real GDP growth, persistently high (relative to the last decade) interest rates are devastating to growth stock valuations