16-03-2022, 08:10 PM
Tencent hires more people than Microsoft, google and Apple combined.
Such job cuts also resemble the dot.com bubble crash. Which was so bad it triggered a recession.
While the stocks are cheap and have rebounded today. The revenues of these companies will slow in the near term.
Long term if the regulations don't kill the companies and try to limit their size grow will return.
https://www.straitstimes.com/business/co...ed-sources
Such job cuts also resemble the dot.com bubble crash. Which was so bad it triggered a recession.
While the stocks are cheap and have rebounded today. The revenues of these companies will slow in the near term.
Long term if the regulations don't kill the companies and try to limit their size grow will return.
https://www.straitstimes.com/business/co...ed-sources
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.