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hef19898

Well, at least Germany is at the brink of a recession. And the signs are there to see for quite a while now. Companies restructering and preparing for an expected economic downturn can be hardly called bad management. Also, not eveything is driven by Big Tech, nor does everyone just copy ehat FANG is doing.

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Germany and the rest of the EU have been "at the brink of a recession" for well over a year. (Remember the gas price increases started in October-November 2021, before the war.) Compared to a year ago, a recession seems almost unlikely by now, and if any, seems like it would be small. The US also seems to have avoided a recession. So this is strange timing to me.

I also don't see any companies outside tech doing massive layoffs.

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