How are those companies insulated from the same economic pressures that caused the big tech layoffs?
Maybe rising borrowing costs will be slower to affect consumer discretionary companies, but they will, arguably more than monopolistic big tech. Boeing is an exception because of government contracts.
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Companies like Boeing, General Motors, Starbucks, Home Depot, and Nordstrom would be glad to hire those laid off software engineers.
How are those companies insulated from the same economic pressures that caused the big tech layoffs?
Maybe rising borrowing costs will be slower to affect consumer discretionary companies, but they will, arguably more than monopolistic big tech. Boeing is an exception because of government contracts.