L4sBot@lemmy.worldMB to Technology@lemmy.worldEnglish · 10 months agoNearly 25,000 tech workers were laid off in the first weeks of 2024. Why is that?www.npr.orgexternal-linkmessage-square51fedilinkarrow-up1249arrow-down15file-text
arrow-up1244arrow-down1external-linkNearly 25,000 tech workers were laid off in the first weeks of 2024. Why is that?www.npr.orgL4sBot@lemmy.worldMB to Technology@lemmy.worldEnglish · 10 months agomessage-square51fedilinkfile-text
minus-squareAdramis@lemmy.worldlinkfedilinkEnglisharrow-up109arrow-down2·10 months agoCould it be…greed?
minus-squarePotatisen@lemmy.worldlinkfedilinkEnglisharrow-up29·10 months agoAmericans corporations, greedy? No, surely you jest.
minus-square1984@lemmy.todaylinkfedilinkEnglisharrow-up16arrow-down1·edit-210 months ago"Helping their stock prices so there is no reason to stop ". No reason to stop… :) If you are the kind of person that thinks collecting money is the reason we exists here, I guess it’s hard to see a reason to stop. Lols.
minus-squaresomethingsnappy@lemmy.worldlinkfedilinkEnglisharrow-up10·10 months agoQ1 profits. It happens to some extent every year between Thanksgiving and early February. It helps the books for Q1. 1rst earnings calls of the year mean more than they should.
minus-squareWhyYesZoidberg@lemmy.worldlinkfedilinkEnglisharrow-up4·10 months agoAnd when everyone is doing it it’s much easier to do… Rinse & repeat
Could it be…greed?
Americans corporations, greedy? No, surely you jest.
"Helping their stock prices so there is no reason to stop ".
No reason to stop… :)
If you are the kind of person that thinks collecting money is the reason we exists here, I guess it’s hard to see a reason to stop. Lols.
Q1 profits. It happens to some extent every year between Thanksgiving and early February. It helps the books for Q1. 1rst earnings calls of the year mean more than they should.
And when everyone is doing it it’s much easier to do…
Rinse & repeat
You don’t say