3 ms·

If it’s simple math then why hasn’t e.g. Apple mass fired people?

• bhhaskin 4y ago
  They have been laying people off. Just slowly and have managed to keep it out of the news. Lots of contractors.
• lastofthemojito 4y ago
  This has been discussed a ton. They didn't grow as quickly (overhire) over the past few years as many of the other tech companies. See: https://daringfireball.net/linked/2023/01/22/apple-avoiding-layoffs https://daringfireball.net/linked/2023/01/22/apple-avoiding-... https://fortune.com/2023/02/10/apple-avoided-tech-layoff-rush-google-amazon-key-decision-hiring/ https://fortune.com/2023/02/10/apple-avoided-tech-layoff-rus... https://www.forbes.com/sites/jackkelly/2023/01/27/how-apple-has-steered-clear-of-layoffs-amidst-big-tech-job-cuts/?sh=32cd1d2eba96 https://www.forbes.com/sites/jackkelly/2023/01/27/how-apple-... https://www.cnbc.com/2023/01/18/apple-had-slower-headcount-growth-than-tech-peers-no-layoffs-yet.html https://www.cnbc.com/2023/01/18/apple-had-slower-headcount-g... ...
  • juve1996 4y ago
    Which really illustrates the point - smart, sustainable business model, vs the pump and dump.