DK Rental

Very concerning signs as all the major names in technology announced layoffs. At the same time, we get news about the labour shortage, mainly in low-paid service work. As the high-wage work gets hammered, it doesn’t solve the labour shortage on the lower end. The question I have is after the severance packages run out and the finding a new job drops off, how will it affect the rest of the economy that keeps everything working?

I thought specializing in AI will help protect you from layoffs. I was wrong.  

When I go by Costco, I see the parking lot full and cars waiting for a spot. Inside it’s packed with people shopping and filling up their shopping carts. At the same time, the news reports real wages and the demand for durable goods are declining. What am I missing here? Is Costco a poor economic indicator?

The narrative of cutbacks and layoffs across the SaaS tech sector continues. The momentum appears to be affecting another related sector, telecom. Verizon’s CEO announced in their last earnings call, they implemented a company-wide cost-savings program that we expect will save between $2 billion to $3 billion annually by 2025,” and said he continued to work to grow revenue and reduce expenses. This cost-cutting will have casualties, and layoffs, which will trickle down to tenants and even small real estate investors for working in these companies. The question for landlords and PMs is, how are these announcements affecting your business? More importantly, what is your strategy to minimize vacancies?