Until enough steps are taken to walk back the labor market into the hands of employers - they will continue to struggle finding talent to fill positions without remote work being an option.

Even then they're going to struggle, as everyone who wants to work or has to work for the most part has a job. Even with these layoffs. The reductions are almost all in the big tech sector which is but a portion of the total technology sector.

Feb labor numbers were pretty revealing there.

From an unemployment perspective the US over the last couple months has been where it was under Trump pre-COVID. And yes that's both the headline number and the often cited "real unemployment" number which is always higher than the headline number.

But yea this is all a real estate play. It's crazy too how hard it's being used to push the agenda. Must protect corp real estate! haha nope, no we don't.