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What's with all the tech layoffs? (infosec.pub)

submitted 9 months ago by HanDman@infosec.pub to c/asklemmy@lemmy.ml

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Every day there’s more big job cuts at tech and games companies. I’ve not seen anything explaining why they all seam to be at once like this. Is it coincidence or is there something driving all the job cuts?

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[-] Modern_medicine_isnt@lemmy.world 7 points 9 months ago

The correction I would make is that they can afford the workers. But the leadership needs to continue the growth. All they have left is to cut expenses, and the easiest way to do that is layoffs.

this post was submitted on 25 Jan 2024

330 points (97.1% liked)

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