Recent Tech Layoffs Don't Spell Economic Doom

I don't necessarily disagree with the author's premise, but doing this kind of mathematical acrobatics makes it hard to consider their logic:

"Consider that Kroger has about 465,000 employees across 2,720 supermarkets, or about 170 workers per supermarket. Some of those employees are at corporate headquarters, but a Kroger closing is approximately the same number of jobs lost as Vox Media laying off 7% of its workforce."

I agree with this direction.

The federal reserve caused panic over-hiring across the technology industry of extremely expensive people.

Many of these companies over hired by 40%.

I believe the federal reserve is deliberately treating this over hiring as a structural defect in the economy and systematically unwinding it.