..when the Govt sets the precedence that it is absolutely ok to do mass layoffs even in the absence of a crisis. There is no crisis yet even as Elon claims US is on the brink of bankruptcy...
..you can expect that corporations now have no compunction to do likewise in the absence of a recession.
..setting a good example is so important as everyone looks at the leadership for guidance.
GOOGLE $GOOGL ANNOUNCES LAYOFFS IN ITS HR, CLOUD UNITS AS PART OF ON-GOING COST CUTS
AUTODESK $ADSK SAYS IT WILL CUT 1,350 EMPLOYEES, OR 9% OF WORKFORCE
HP $HPQ TO TRIM UP TO 2,000 MORE JOBS IN EXPANDED COST-CUTTING PUSH