Chicago PMI Plunges Deep Into Contraction, AGAIN! Layoffs Reach Depression Levels In The Tech Sector
Chicago PMI Plummets Into Deep Contraction, AGAIN! Mass Layoffs Reach $HtF Levels In The Tech Sector
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https://wa.me/message/3SULUOZNKNBZP1Chicago PMI fell back in January to 44.3 (below expectations of 45.0), below '50' for the 5th straight month...
One ominous sign of financial stress among tech firms is the accelerating headcount reduction to start the year, a move to improve profitability amid recession threats.
So far this month, big tech firms, including Amazon, Google, Microsoft, Salesforce, IBM, and others, have laid off more than 52,000 jobs,
...
https://www.youtube.com/watch?v=zPxdT-48ZGU