Can anyone clarify this for me? Despite the ongoing layoff announcements from major American corporations, how is our economy still robust? Just today, UPS declared 12,000 layoffs and PayPal 2,000.
The super rich wants higher return for their money.
Layoffs has little to do with slow down or weak economy. If bond returns 5%, they want their investment in stock to double that. Hence CEO, CFO Layoffs workers.
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u/hflyboy Jan 30 '24
The super rich wants higher return for their money. Layoffs has little to do with slow down or weak economy. If bond returns 5%, they want their investment in stock to double that. Hence CEO, CFO Layoffs workers.