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Big Tech: Lay Off Or See Margins & Stock Prices Decrease

Schwab Network

English - February 13, 2023 21:16 - 6 minutes - 69.6 MB - ★★★★★ - 23 ratings
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"The days of growth at low costs are over. Growth tech companies now have to either layoff employees or watch their margins and stock prices go down. Palantir (PLTR) has a difficult road ahead of their earnings report. The company stated that they were going to grow at all costs and they delayed their layoffs decision. Analysts have lowered their guidance on the PLTR stock price as a result," says Haydar Haba.