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> Meta layoffs result in huge job losses, but the company might now accelerate recruitment This seems immoral.
by soared 3y ago
> Meta layoffs result in huge job losses, but the company might now accelerate recruitment
This seems immoral.
- roomey 3y agoCompanies aren't moral, their purpose is to increase value to their stock holders
- mynameishere 3y agoIncreasing value sounds very moral to me.
- rizky05 3y ago[dead]
- drexlspivey 3y agoPresumably if you are commenting here you work in a tech company, if it is immoral for a company to make money how do you justify working for one?
- marcosdumay 3y agoYou noticed the GP said making money is not immoral right?
- citizenkeen 3y agoThe morality relates to how you create value and for whom. Not all increases in value are moral.
- soared 3y agoCompanies don’t make decisions, people do.
- nikanj 3y agoWhen you increase headcount you gain both muscle and fat. Every now and then you gotta trim the fat -Management
- yieldcrv 3y agoCompanies don't exist to provide employment We can acknowledge that it is disruptive to employees lives
- bko 3y agoIt costs a lot of money to hire and onboard people. Especially now since tech wages have gone up over last few years and existing employees are probably cheaper and onboarded. So it doesn't make sense that Meta would lay people off and rehire others just for fun. They can be greedy or sadistic, not both. Its pretty obvious they use layoffs to get rid of poor performers and divisions they don't want to invest in any more.
- microtherion 3y agoThe underlying assumptions here are that companies can reliably identify poor performers (I would tend to doubt this, especially at a scale of tens of thousands of employees), that layoffs don't cause negative repercussions among the employees who are kept on (something I know from personal experience to be false) and that skilled employees of a no-longer-in-demand division would be unsuited to the new, hot division (a bugbear of mine is how corporations drive their employees to specialize, then lay them off once they thing they no longer need the specialization).
- Eumenes 3y agoFacebook ... Moral ... Good one.
- chasd00 3y agoThey hired any and everyone during the pandemic. I bet they’re going to be a lot more selective this time around.
- distract8901 3y agoPeople always seem shocked to learn that capitalism is completely and absolutely indifferent to morals, ethics, or human life
- carstenhag 3y agoThe only immoral thing here is your countries'/states' labor laws, in my opinion. In many EU countries they wouldn't be able to fire people "just because we want to", and also, in some countries companies have to offer you other positions if relevant.