L4sBotMB to Technology@lemmy.worldEnglish • 5 months agoBig tech is thriving despite the layoffswww.axios.commessage-square20fedilinkarrow-up1100arrow-down14file-textcross-posted to: economics@lemmy.world
arrow-up196arrow-down1external-linkBig tech is thriving despite the layoffswww.axios.comL4sBotMB to Technology@lemmy.worldEnglish • 5 months agomessage-square20fedilinkfile-textcross-posted to: economics@lemmy.world
minus-squareYer MalinkfedilinkEnglish47•5 months agoThey are “thriving” because of layoffs, there is no more direct path to increase profits than to stop paying employees
minus-square@1984linkEnglish3•edit-25 months agoYeah the headline doesn’t make sense. They pay less salaries, how is that a bad thing for profits… :) They hired too many people when money was cheap. Now they get rid of some of them. It’s still just like a few percent of the total work force.
They are “thriving” because of layoffs, there is no more direct path to increase profits than to stop paying employees
Yeah the headline doesn’t make sense. They pay less salaries, how is that a bad thing for profits… :)
They hired too many people when money was cheap. Now they get rid of some of them. It’s still just like a few percent of the total work force.