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Johnny2X2X

(22,715 posts)

4. The layoffs

Reply to highplainsdem (Original post)

Fri Apr 4, 2025, 11:39 AM

Apr 4

Right now, people are losing money on paper, and that sucks enough. But the real shock is coming soon in the form of mass layoffs. These companies who lose 20% or more of their market cap cannot just sit on their hands and hope it's going to all come back, they're going to have to cut costs, they're going to have to lay off workers and close factories and offices.