zlacker

>>fancy_+(OP)
The strangest part to me about the current trends: why do all these business leaders all do the same things at the same time? E.g. Layoffs + micromanagement + cost focus etc... Is this truly about macroeconomic forces that every business is responding to? Or is it just following the latest fad?

There seems to be significant opportunity to zig as others zag. Imagine the Intel letter saying "we are going to take advantage of the current hiring environment to scoop up talent, and push forward on initiatives."

>>johnga+ec
As far as I can tell, the flow of cheap money stopped when inflation started. This means all their portfolios of free stocks inflating the market stopped. These people all live in a world of 6 months to profit, and thus the market forces at work mean for them to demonstrate anything for their next fleecing of shareholder value, they need to trim budgets.

Prior to this, they could just get low interest loans to do whatever financial engineering they wanted to demonstrate growth and get their bag. That is over, now the only way to get the bag is firing people.

So, it's not just that they're all in a capitalist polycule, but is is that they all just live in the same bubble of irrational short term reasoning.