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    • Companies value short term gains not long term projects
    • COVID overhiring
    • Salaries are too high for peons, they are trying to readjust
    • Market is spooked due to the interest rates and SVB collapse
    • New product offerings are not exciting consumers
    • The belief AI developments can offer performance improvments
    • The belief AI developments can weather regulatory scrutiny
  • This corporate cycle isn't likely to change anytime soon right?

    Top tier corps, boards, Cs, ultimately care about share price and growth right?

    Isn't it tied to their pay incentives? To keep their contracts and incentives, they have to grow or reduce costs.

    They make bad choices or bets among the way, no problem, just reduce costs and still meet the metrics. Only people who pay seem to be the workforce, right?

    Or am I oversimplifying?

100 comments