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This video also give us an example of a trend of recent years that is really awful: In very short cycles, going on a hire spree and then redundancies plans wit
by greatgib 3y ago
This video also give us an example of a trend of recent years that is really awful:
In very short cycles, going on a hire spree and then redundancies plans without real consequences for the management or companies. Basically it costs them almost nothing to mess with people's lives.
For example, when doing unreasonable mass hiring, the market goes up, because it is a sign of growth. Then, when firing people in mass, the market value also goes up because it is supposed a sign for short term increased revenue.
- SkipperCat 3y agoIn big tech, people are commodities, not human beings with lives. Its not just shown in the hire/fire cycle you mention, but also in how many companies let the most vile content thrive on their platforms, with no consideration about the harm it creates. All of this to make a buck or keep the stock prices up.
- deleted 3y ago[deleted]