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mendo's avatar

What are the reasons?

The article below is for Israel, but it illustrates how bad the software market looks right now.

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Modern Investing's avatar

These companies basically hired way to much employees during the post COVID boom. They where ok with that because interest rates where like 0% and it was a boom. Now the economic growth is slowing down and salaries are much higher.

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Capital Employed's avatar

Good article, Spyrosoft looks interesting.

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Modern Investing's avatar

Thank you Jon

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