Last week we asked whether the biggest US tech companies have gotten flabby. Our argument was that the recent job cut announcements at Amazon, Alphabet, Microsoft, Meta and Salesforce were less about reversing pandemic-era over-hiring (as the companies assert) and more about falling stock prices and keeping restive investors at bay. Big tech share prices are down between a third and two-thirds from their 2021 peaks, and activist investors are pounding their drums menacingly at Salesforce, Meta and Alphabet.
上周，我们问到美国最大的科技公司是否已变得臃肿。我们的论点是，亚马逊、Alphabet、微软、Meta和Salesforce最近的裁员公告与其说是为了扭转大流行时代的过度招聘（正如这些公司所宣称的），不如说是出于股价下跌，要稳住不安的投资者。大型科技公司的股价从2021年的峰值下降了三分之一到三分之二，维权投资者正在对Salesforce、Meta和Alphabet进行威胁。
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