Psychotically cheerful business spin ahead of the looming mass layoffs as quarterly reports and holidays are finished. "You're all now free to pursue your dream of being your own boss!" Tech and media companies aren't exempt this time, mwa hahahaha! - https://archive.ph/jbGBT
SalesForce's dot-com bubble has burst and is unloading properties and workers quickly to save money and stave off the inevitable collapse. - https://archive.ph/mcXjr
WeWork is issuing debt bonds through Japan, desperately using a teacup to remove the water already at their armpits. - https://archive.ph/seNCP
And finally, don't worry your pretty little head. We're not in a recession, it's just a slow-cession decline into burning pit of hot lava, expected to last all year...when it finally gets here, of course. - https://archive.ph/ExEDW
That's one heck of a spin. So there'll probably be tons more of these guys running around because of layoffs but if everyone is getting laid off how're they going to be able to pay for things like uber and doordash?
That's why they are doing this in waves. That's why some were fired last month before christmas, at the beginning of the month, and just before thanksgiving. Big corporations are polite to each other and take turns fucking over everyone else.