Big Layoffs for Big Tech
There is so much here that we need to look at. Elon Musk came to twitter and there was a massive layoff. The people of twitter banned together and they are going to sue him because they got fired. Now they want to make it sound like Elon fired too many and now he is hiring back but with conditions.
Now Meta, another tech company is having layoffs. Apple and Google have already sent out emails alluding to the fact. Meta lays off 11K employees. They are laying off people to become a leaner and more efficient company. Companies are supposed to be leaner and more efficient. Shareholders should think that they have been paying for 11K employees that should have been going to the shareholders.
Facebook is laying off 11K and Twitter is laying off 4K and not one is talking about it. The concern is what is coming in the lame duck session and what did they save up for us after the election. Brace yourself.
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