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They cut 6% of their staff and killed dead-end products. That's a normal and healthy decision. The number of highly compensated tech personnel laid-off barely m
by berkle4455 4y ago
They cut 6% of their staff and killed dead-end products. That's a normal and healthy decision. The number of highly compensated tech personnel laid-off barely moves the needle when it comes to inflation and employment metrics.
- roncesvalles 4y agoIt's not about moving metrics. It's about generating headlines and swaying public opinion. In fact over a 12 month period most of the companies who did layoffs probably see a net increase in headcount.