News for hackers. Stuff that matters.

A comment on Microsoft to lay off 11,000 employees. Parent comment

Re:Microsoft to lay off 11,000 employees by s1artibartfast on Tuesday January 17, 2023 @04:50PM (#34419852)
I think it is less pessimism and more realism. The fed clearly indicated that it will raise rates until the market cools
[ Parent | on HN ]
Re:Microsoft to lay off 11,000 employees by qwytw on Tuesday January 17, 2023 @05:09PM (#34420136)
As far as the Fed is concerned inflation, unemployment & GDP growth are all definitely higher priorities than the stock market.
[ Parent | on HN ]
Re:Microsoft to lay off 11,000 employees by s1artibartfast on Tuesday January 17, 2023 @09:45PM (#34422830)
I agree. I didn't mean to imply I was taking about stocks.

If the fed is shrinking economic investment until employment and inflation goes down, companies are preparing for slow growth.

[ Parent | on HN ]