I’ve had to lay people off to extend runway. I’ve also been laid off to extend runway. It SUCKS. It sucks to have to do, and it sucks even more when it happens

I’ve had to lay people off to extend runway. I’ve also been laid off to extend runway. It SUCKS. It sucks to have to do, and it sucks even more when it happens to you. But sometimes you have to do it so the rest of the company can stay employed. When megacorps do it to boost profits when they’re already profitable, that’s shitty. But also, that’s how we do capitalism in the US — the company has a greater obligation to shareholders than to employees.