Amazon Layoffs: Blame the Fed #shorts
Channel: Crypto Noble
Date: 05/01/2023

Why are big companies laying people off?  They can't grow their revenue anymore.  Growth is slowing for these companies that have been growing hot for the past ten years.  Their models are being challenged.  Amazon lays 18,000 workers, Meta lays off 10,000, and Salesforce lays off 7,000.  More layoffs will continue to happen if the Fed continues to raise interest rates.

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Disclaimer:  This show does not provide individually tailored investment advice and does not take a subscriber’s or anyone’s personal circumstances into consideration when discussing investments.  Please do your own research when making any investment decision.  Information contained herein is not an offer or solicitation to buy, hold, or sell any security.

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