New Year, new job cuts. Motley Full Money. I'm Deidra Willard here with Motley Full analyst David Meyer.

David, how are you today?

I'm doing very well. How are you?

Good, we've got son. I'm happy about it.

I wanted to talk to you this week about job cuts.

job cuts because this year has kicked off with a lot of cuts and I'm kind of

surprised by it but we've got Amazon, Unity Software, Black Rock, Rent the Runway,

Google, even Xerox. So last year to me felt like the year of the big layoff.

This year, maybe the small layoff. What's happening here?

Time will tell if we're going to find out if this is a new round of bigger layoffs or if this is just

a sort of a ones they didn't get to,

companies didn't get to in 2023.

Because if we go back and think about what was being

communicated in 2023, a lot of the growth in tech companies slowed and the push for profits and

cash flow increased. So that leads me to believe that hey if there's any you know now's the time when

companies are finalizing their budgets and getting ready for the next year so if

the companies are rationalizing their growth plans, where investment dollars are being cut,

unfortunately there's a good chance labor dollars have to get cut with it, right?

You need to match, that's the idea of matching your potential revenue with the potential

expenses so you know so we'll we'll see what happens but obviously a lot of

announcements to start the year.

And the question I'm asking myself, is it iterative, is it incremental, are we sort of like honing

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