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A comment on Amazon Is Said to Plan to Lay Off Thousands of Employees. Parent comment

Re:Amazon Is Said to Plan to Lay Off Thousands of Employees by laweijfmvo on Monday November 14, 2022 @11:23AM (#33596403)
Probably we are in for a prolonged stagnation, but even after 11,000 layoffs last week, Meta’s employment level is on par with early 2022, hardly a massive reduction historically.
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Re:Amazon Is Said to Plan to Lay Off Thousands of Employees by swamp40 on Monday November 14, 2022 @11:28AM (#33596497)
What do they do with 70,000 employees? It's hard to envision.
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Re:Amazon Is Said to Plan to Lay Off Thousands of Employees by symlinkk on Monday November 14, 2022 @11:30AM (#33596537)
This sounds like the realtors that say “interest rates are still historically low”
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Re:Amazon Is Said to Plan to Lay Off Thousands of Employees by compiler-guy on Monday November 14, 2022 @12:15PM (#33597364)
They are. What that means is open to debate, and how you should act based on the current interest rates depends a lot. But simply as a historical matter, current interest rates are lower than the majority of history.

https://www.macrotrends.net/2015/fed-funds-rate-historical-c...

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