And yes, the layoffs didn’t do didly to housing inventory and house prices.
My understanding is that they didn’t need to do the full layoff, because shortly after after the layoff announcement, a lot of good/top people ended up leaving for Google, Facebook, Apple, etc. So then, they had a bigger problem of attrition. So they ended up giving some people pretty big retention bonuses just to stay.
Lol.[/quote]
Well, yeah. And they retired. Because they could. And the QC retirees didn’t all live in one zip code. They were spread out throughout the county. And now happily retired in place, they’re not going anywhere.
Move on, folks. There was never anything to see here then and there isn’t anything to see here today.
