We agree, staff trimming makes far more sense. However, what is happening isn't staff trimming. Are there any papers regarding the labor bloat specific to tech

We agree, staff trimming makes far more sense. However, what is happening isn't staff trimming. Are there any papers regarding the labor bloat specific to tech? Everyone believing in something doesn't make it true so I would love to read more about that beyond the usual memes of "girls on tiktok posting about their day in tech". Actually, this idea that it's done because of bloat signals something interesting. The reply above claims these layoffs happen because of the future potentially showing massive slowdown - however, why are we trusting what these companies feel about the future when they got their pandemic move completely wrong? They thoroughly believed (apparently, so they say in their layoff emails...) that this growth was going to continue, so obviously they don't have the best grasp on how to make decisions for the future. Entirely negating the above reply that this is due to impending slowdown.