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Comment by adonovan

13 hours ago

The usual answer for the macro trend is “the end of ZIRP”.

Which is where I was going with my (original) post - but the GP post seems to be using this as evidence to disagree, which is confusing.

  • I was disagreening with your statement

    > like many of these recent layoffs, this is essentially reversing 2020-2022 net headcount growth.

    which I took as "this is just reversing Covid overhiring". Which I'm tired of hearing. MSFT might have grown faster in 2021/22, but have stopped hiring for pretty much 4 consecutive years since.

    • > but have stopped hiring for pretty much 4 consecutive years since.

      What’s your theory?