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Message Subject Musk announces big job cuts at Tesla The company’s CEO has warned a recession in the US is “likely”
Poster Handle Anonymous Coward
Post Content
10% of it's salaried workforce.

The paper pushers...not the builders.

That's not big cuts really.
 Quoting: Anonymous Coward 74771809


And why for only three months?

I mean your average recession can last close to a year, and generally does:

NBER tells us that the average length since World War II has been about 11 months.

[link to www.acorns.com (secure)]

So we get to duck the big one?

A V-shaped recession features a stomach-churning decline with a strong rebound after hitting the trough.

A U-shaped recession has a less starkly clear trough. It bumps along the bottom for a while, then gradually comes back up.

A W recession is also called a “double-dip” recession; it goes down, comes back up, then goes down and back up again—hopefully, this time to stay.

An L recession is a steep drop, and then…nothing, for a long time. In fact, this is most often called a “depression.”


And somehow Musk has the predictive programming to just tighten his overhead belt and laugh it off?

How interesting!


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