News for hackers. Stuff that matters.

A comment on Shopify to cut 20% of its workforce, beats quarterly revenue estimates. Parent comment

Re:Shopify to cut 20% of its workforce, beats quarterly reve... by fnordpiglet on Thursday May 04, 2023 @09:27AM (#35814964)
Of course not. They’re caused by the fed.
[ Parent | on HN ]
Re:Shopify to cut 20% of its workforce, beats quarterly reve... by red-iron-pine on Thursday May 04, 2023 @10:39AM (#35816082)
Recessions and collapses happened long before the Fed ever existed, e.g. Tulips
[ Parent | on HN ]
Re:Shopify to cut 20% of its workforce, beats quarterly reve... by bichiliad on Thursday May 04, 2023 @10:55AM (#35816349)
I think the Tulip Mania, if that's what you're referring to, was a speculation bubble, whereas a recession is widespread by definition.
[ Parent | on HN ]