I agree that it isn’t mono-casual (cool word!), but I’m still convinced worker sentiment (which I’d classify union membership as a derivative issue of) is the m

I agree that it isn’t mono-casual (cool word!), but I’m still convinced worker sentiment (which I’d classify union membership as a derivative issue of) is the main reason. I have lots of thoughts about where this fits into their priorities in general, but most of my proof is already discussed above, so I’ll focus on this instead: These companies are not anywhere close to laying off enough people to get back to pre-COVID headcount, and if these layoffs were intended to boost the stock price, they don’t seem to have had much of an impact. Google (sorry I think about this one more than the others, for obvious reasons) is up 11% MoM compared to 5% for the S&P 100, which is good, but… idk seems hard to say that’s worth the trade off. Especially considering the huge swings the stock has taken over the past few years and months Re: impacting wages I can try to come back to this once I’m done making ads for the day. My general narrative is “the lawsuit settled, then meta started offering progressively larger packages for experienced devs, which drove up other companies offers for the same devs” but I do not have source on hand.