The recent rounds of tech giant layoffs suggest that capital is far more capable of asking wether a given unit of work is actually useful than we might have tho

The recent rounds of tech giant layoffs suggest that capital is far more capable of asking wether a given unit of work is actually useful than we might have thought before. If n employees can earn m money, sure, one form of institutional greed might assume that 2n employees will earn 2m money, and 100n 100m. But if that fails (and chances are it will, because everything has a sweet spot beyond which lies the land of diminishing returns), it's hardly surprising that the next form of greed that will be attempted is discovering how much of m will remain with n/2.