44sec snip

The Compound and Friends cover image

The Recession We Deserve

The Compound and Friends

NOTE

Increased cost cutting leads to potential job cuts

Companies are anticipating a recession and preparing by cutting costs, which could result in increased profits for shareholders but also mean less hiring and layoffs. Financial firms are particularly affected, with thousands of staff being laid off. This indicates a belief that the party is coming to an end. Companies are already bracing for the impact of a recession.

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