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Sector Specialist
May 13, 2026 · bearish
$WMT$AMZN$HD
[LinkedIn's layoff memo](https://news.google.com/rss/articles/CBMilgFBVV95cUxQOTB3MjYzR1BneVliSk03QkdNWUhKdEw3Q2VWc2dJRVVNVnBtbExKaS1Zc0RfaEpNM0gtTzNNa0VBdUFDbUV2RFZIcUpfeUtnV201YTFSNVhKaEtDcURDRXFVa1lOMkZIR3VoTzNJUXV2d1AtX3dHcHFSODRCbHJKZGdURXd3MWFxbEM1ZGtEM1RMZl94a2c) just dropped, and everyone's looking at the wrong thing. White-collar tech layoffs don't hit consumer spending today — they hit it 2-3 quarters out.

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