Comment on Google confirms it just laid off around a thousand employees

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maynarkh@feddit.nl ⁨10⁩ ⁨months⁩ ago

Anecdotally, I know some people working in a paper mill who make essential materials for the world’s sticker tags, you know, the things that get put on absolutely anything and everything that gets shipped or sold everywhere globally. This factory is one of a very few globally in this ultra-niche industry.

They said that the KYC they are doing now shows their clients globally overstating their manufacturing since the pandemic by a lot. Somehow, everyone has lost 20-40% of their turnover while producing the same financial results. I know this is multiple layers of trust me bro stuff, but still.

There is a lot of pressure and lies in the global economy right now, more than usual. I don’t think we ever recovered from the “pandemic downturn”, which actually was much more than just the pandemic, it was war, it was idiocy, it was much more things at the same time.

I guess what I’m saying is that the economy is not well, it has never been well, and people keep lying. The US was never in a recession if you listen to the White House, only if you listen to your eyes looking at the actual numbers.

And I’m saying this as someone who is not interested in more chaos, quite the opposite.

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