StreetsofBeige
Member
Just about every tech company overhired thinking COVID sales growth would permanent trajectories into the stratosphere.I was hoping this day wouldn't come, but its likely layoffs - they hired too much too fast during the pandemic too. Those studios grew too fast.
Guess we'll see the real impact tomorrow
If anyone wants to read about the biggest Wild West COVID rush of growth and sinking into the toilet, read up Peloton from 2020 to 2022 and be amazed at the difference in sales, employees, stock price etc… in two years.
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