this post was submitted on 04 Feb 2024
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241
The U.S. economy is booming. So why are tech companies laying off workers? (www.washingtonpost.com)
submitted 9 months ago by [email protected] to c/[email protected]
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The U.S. economy is booming. So why are tech companies laying off workers?::undefined

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[–] [email protected] 29 points 9 months ago

Layoffs hurt GDP generally, but GDP doesn't really care as long as "value" is created elsewhere. Like you said, none of the measurements they use care about the median income. It's usually just generic measurements of "value" that don't mean anything for the people of a nation.