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But honestly, profitability doesn’t matter. All of the major tech companies were profitable and still had tens of thousands of layoffs between them.
by scarface_74 2y ago
But honestly, profitability doesn’t matter. All of the major tech companies were profitable and still had tens of thousands of layoffs between them.
- mlinhares 2y agoLayoffs in big tech are mostly to place workers in their place and shake the market, they've definitely been able to drive down salaries these past two years.
- grajaganDev 2y agoYes - I think layoffs are also backlash against WFH. Employees were getting a bit too uppity.