L4sBot@lemmy.worldMB to Technology@lemmy.worldEnglish · 10 months agoBig tech is thriving despite the layoffswww.axios.comexternal-linkmessage-square20fedilinkarrow-up190arrow-down13file-textcross-posted to: economics@lemmy.worldtechnology@lemmit.online
arrow-up187arrow-down1external-linkBig tech is thriving despite the layoffswww.axios.comL4sBot@lemmy.worldMB to Technology@lemmy.worldEnglish · 10 months agomessage-square20fedilinkfile-textcross-posted to: economics@lemmy.worldtechnology@lemmit.online
minus-squareYer Ma@lemm.eelinkfedilinkEnglisharrow-up40·10 months agoThey are “thriving” because of layoffs, there is no more direct path to increase profits than to stop paying employees
minus-square1984@lemmy.todaylinkfedilinkEnglisharrow-up4arrow-down1·edit-210 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.