AMZN - Thematic Times: Not Yet Laboring Over Labor News For Thematic Constituents

Summary

• Companies that were growing significantly are now implementing cost-cutting measures - and perhaps the most visible change to investors has been large-scale layoffs and hiring freezes.
• Twitter announced it was laying off half of its workforce (around 3,700 employees - although reportedly some employees have asked to return).
• Despite several high-profile tech layoffs, the labor market is still relatively strong and overall layoff rates have so far been historically low.

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