I just added this comment on another reply further down below, copy-pasting here, the numbers compare last year Q2 to this year Q2, if you compare it to last quarter they are actually down in count.
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I thought this was interesting, so I compared it against their count last quarter (instead of last year) and they are indeed down.
- In Q4 2022 [1] they had 190,234 employees.
- In Q1 2023 [2] they had 190,711 employees.
- This quarter Q2, they have 181,798 employees.
So they are down almost 9000 employees from last quarter, close to their 12K layoff number.
Yeah, but seeing the sharpness - compared to "ok let's slow down... ok ... shoot, we probably actually need to trim some headcount" - really highlights the follow-the-herd, here's-a-handy-excuse, done-for-PR nature of them vs actually responding to revenue trends or such.
Opportunity cost. Landlord can use the money to invest elsewhere and make more than the minimum 12% APY.
It is like 0% interest loan for the length of the tenant stay.
Yes, I use it to check weather and get traffic updates. quite less information is shown on cards. But, if you are not using it, you aren't missing much!