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Re:Biggest layoffs of 2023: Firms fired employees in jaw-dro... by amelius on Saturday December 30, 2023 @09:15AM (#38815416)
How would that apply to Microsoft, Apple, nVidia, AMD, ASML, TSMC, ...?
Re:Biggest layoffs of 2023: Firms fired employees in jaw-dro... by _heimdall on Saturday December 30, 2023 @10:06AM (#38815772)
I wouldn't everyone to agree, but I think there's a good argument to be made that all of those companies are more driven by the performance of their stock than anything else. They all make software or physical products, but at the end of the day the primary value of the companies and the impact they have on the economy are largely their stocks.

TSMC could be an outlier there, I don't know enough about the company's financials. The others, though, would fall into the category of companies valued and driven primarily by their stock valuations rather than the products they produce.