AMZN & Microsoft's
jobcuts overhyped
28k layoffs pale in comp/w
770k additions since 2019!
Wall Strret's obsession with recession rhetoric particularly highlighted by CNBC, Bloomberg knows no bounds. Perspective please! Amazon increased employees by a net 700k over the past 2 years to 1.5M. Meanwhile, Microsoft increased employees by +50% to 221k. The recent sad 28k cuts (AMZN 18k + MS 10k) were a minor adjustment for 2 strongly growing giants....
