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I'm convinced that it's because the recession that has been predicted for the past 3 years has not happened, and now we're in the election year and it must happen. The layoffs will continue until we get the macro outcome we're looking for

It's the only explanation for companies that are at all time highs in revenue, profit, and stock value to be laying off double digit percentages of their employees

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Why does an election year indicate a recession?

Rather, who precisely wants a recession now, in your opinion?

Jerome Powell

>Why does an election year indicate a recession?

Alone, it doesn't

>Rather, who precisely wants a recession now, in your opinion?

I don't think you need more than one guess to figure out the average political leaning of most CEOs and Chairs of corporate boards and then combine that with who is the incumbent

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