Zeev's Turnips Patch-No Politics (ZEEV)

[late bloomer]

We're thinking along the same lines. I'm troubled by the number of companies talking positively about how layoffs are going to improve their earnings.(HPQ, NVLS, to name just two)

I have to look past the short term cost reduction benefit of layoffs, and focus on the economic conditions that bring them about. At the end of an interest rate hike cycle, with such high expectations of tech experiencing renewed demand and lowered inventory, for HPQ and NVLS to talk layoffs is very troubling to me.