Do Tech Layoffs Mean Anything?

Do Tech Layoffs Mean Anything?

Tech is always in its own world Several large tech companies have been making headlines about layoffs. They’ve used lots of scary language about recessions and upcoming weakness. Meanwhile, jobless claims and employment figures for the economy as a whole do not show...
Do Tech Layoffs Mean Anything?

Is Inflation Getting Worse?

Pictures tell the story best Inflation is the number one topic on the minds of nearly everyone right now.  The prevailing idea is that the Federal Reserve is the cause of and the solution to inflation. The reasoning goes something like this: in response to the...
Do Tech Layoffs Mean Anything?

Consumer Spending Continues

Despite increasing global concerns Inflation erodes consumers’ purchasing power. But the most recent data shows that consumers are still purchasing discretionary items that they would choose to cut if they were feeling constrained.   There were two...
Do Tech Layoffs Mean Anything?

Reading from Primary Sources

Cutting out the middleman We read a lot. But we’re selective about what we read. Starting about 7 years ago, I cut down my news consumption and started reading more from primary sources. For example, instead of reading an article about the GDP report—read the actual...
Do Tech Layoffs Mean Anything?

Profits over Headlines

Why we start with the financials Everyone has heard of Twitter. Few people have heard of Cadence Design Systems. You could call both companies “Technology companies” and their annual revenue is comparable (Twitter’s revenue is about 5.2B, Cadence’s is about 3.3B). But...