SoFi Hong Kong Blog - US_UPS
Lay Off the Optimism The labor market has been a standout overachiever in macro data this cycle, and continues to send signals of stability, at least according to the national numbers. A phenomenon that seems to occur every year is a string of layoff announcements in the first couple months as companies clear the deck…Read more
Reality Check Layoffs can be hard to stomach. And during a time that the economy is booming, they’re even harder to reconcile with what economic data seems to be telling us. Let’s break down this disconnect. Various Fortune 500 companies, including UPS (UPS), eBay (EBAY), and Microsoft (MSFT), have announced mass layoffs recently. But they…Read more