
Levi’s CEO, Microsoft Earnings Recap & Ritchie Bros. CEO 1/25/23
Mad Money w/ Jim Cramer
00:00
The Tech Grim Reaper Strikes Again
The tech grim reaper struck with a vengeance rarely seen on Wall Street because every aspect of it took a hit the worst being the fabled enterprise software segment. There are way too many venture capital funded startups who created applications for seeing data, storing data and auditing data across pollinating data particularly on the wet. Aerospace companies can finally hire the people in need because so many engineers have been laid off by enterprise software firms. These companies don't even know how to do it right. They are supposed to follow Cheryl Croes dictum. The first cut is supposed to be the debast instead most of these tech alpha's a salami cut because they don't know better.
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