There was more also going on in that time-frame: several interest rate hikes, no fix for section 174 changes by the end of 2022. Maybe someone will pinpoint whatever had the largest impact in a detailed study.
I still think some sort of shift in trends. Maybe it could have been COVID totalitarianism ending and as such shifting trend in leadership to reduce investments. Lot of headcount decision might not be actual needs, but what in general looks good for stock market. And if there is no more growth expected from WFH, well less hiring and reducing labour force looks better.
Ekaros|5 months ago