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The layoffs were a coordinated effort to take back power from the workers. They realized they didn't have to employ all of the world's best software engineers
by echelon 2y ago
The layoffs were a coordinated effort to take back power from the workers.
They realized they didn't have to employ all of the world's best software engineers to prevent new competition from starting up because they're already too entrenched.
The solution is DOJ/FTC mandated breakup. It'll oxygenate the entire tech sector by removing these bloated behemoths that aren't even monetizing most of their platform pieces.
The tech companies are becoming grocery stores, movie studios, primary healthcare providers, etc. and putting incumbents out of business. It's largess. Cross business unit subsidization to metastasize into entirely new markets. Because they have unreasonable scale where they can simply hulk into new things and spend a few billion dollars like it's pocket change.
Start demanding big tech breakup from your legislators.
- inetknght 2y ago> The solution is DOJ/FTC mandated breakup. That will never happen in the current administration.