Layoffs - check. But let’s be clear, it should be a surprise. It happens regularly and on a regular cadence.
Restructuring - Check”ing”. New SLT on-board. Note - Might affect Layoffs above.
Recession - what will the Fed do?
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New SLT means nothing… its the same people shuffled around to continue to make bad decisions to squeeze the workforce but not improve the products. Meet the new boss… same as the old boss.