3 ms·
I don't think it is collusion, but I do think it is an emergent shared strategy. Take advantage of more urgent layoffs at Facebook to flood the market with tale
by UncleMeat 4y ago
I don't think it is collusion, but I do think it is an emergent shared strategy. Take advantage of more urgent layoffs at Facebook to flood the market with talent, push down wages for new hires, and set a new baseline for industry-wide compensation that lets you depress ongoing compensation for your existing employees. And do this without irrecoverable damage to your business capabilities by only firing 5-10% of the company.
- pydry 4y agoA strategy which will be all the more effective if you agree it beforehand and synchronize.
- gruez 4y agoI agree, but that fact is not an substitute for actual evidence of the alleged practice occurring. My strategy of daytrading would be more effective if I had insider information, but that doesn't mean I was insider trading just because I was doing well.
- pydry 4y agoIf you agree that this isnt cast iron proof and you agree that it is nonetheless suspicious then you are simply agreeing with what I said.