Is Jan 22 the so called medium term? or sometime later?
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You realize many companies cull about 10% of employees every year. Stop focusing and worrying about layoffs, this is really much to do about nothing if it’s 20k over multiple years.
You all would have jumped off buildings in 2007/2008! ( we’re you even out of college then??)
When everyone was thinking by end of 1Q24, everything will be better…now we will have 2 to 3 years of people don’t caring and being worried all the time. Employee morale will be taken to a new low level.
In financial terms "medium" is defined as more or less 3 to 7 years. One method validating this, take a look at the naming convention of US Treasury bonds, Notes, Bills and Bonds, with each one with a defined length of time. Seven to ten years are unusually defined as long term.
Medium term is usually a few to several years. Would imagine a lot of that naturally happens by not backfilling retirees / departures.
Yeah I saw that too! But I’m like that’s BS! Meaning majority of the layoff q1 and some lagging ones by 2026 so that they can that lol.
WSJ says "end of 2026"