4 ms·
I mean almost all of that is the result of horrible tax law around employment.
by tick_tock_tick 4y ago
I mean almost all of that is the result of horrible tax law around employment.
- solarmist 4y agoI'm not sure what you mean. Can you give an example? I've attributed it to the formalization/metricization of every aspect of businesses. MBA-itis. "If you can't measure and control it eliminate it." Similarly, if you believe a company's only job is to provide shareholders profits, this is the natural end game.
- gwright 4y agoI'm not sure exactly what was intended by the poster but I suspect it is related to the employment taxes associated with an employee vs a 1099 contractor or external vendor. In addition to the different tax treatment labor law regulations are significantly different between those two types of staff with the contractor/external vendor being much less restrictive than for employees. I haven't seen many details in most news stories about layoffs in the tech industry regarding contractors, but I suspect that the number of contractors terminated is significant also as those positions tend to be trimmed before employees.