Not just DXC

I know we are told 1000000 times a day how "BOOMING" the economy is, stock market all time highs, etc, etc.

But folks, the stock market is ALWAYS at an all time high long after the real economy tanks. Every single time it's been that way. And if you think the economy is BOOMING, you will have to explain the endless stream of layoffs on this very site, in every sector, every major company.

Go to "Latest Posts" and spend some time reading. This would not be happening if the economy was BOOMING.

Yes, the media lies, the government lies. Called Fake News. Welcome to 2018.

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IMF and others predicting a 3.9% growth, but we can see our bills getting higher, commodities getting smaller and wages staying the same. We've reached a plateau and 2019 will see the global economy slow down with mounting trade tensions, rising interest rates, political uncertainty and complacent financial markets. These are all identified risks for 2019. Cheerful reading.

Regardless of whether we're 'booming' or not companies can still layoff even in 'booming' times in order to generate stock price increases; the idea being they can maintain the same productivity with technological advances, improved processes, automation and less labour; hence lower costs. If the layoffs had come about out of necessity, investors would have seen this and likely pushed the stock price down instead of up.

Thread regarding DXC Technology layoffs

Not just DXC

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