@Wilshire@beehaw.org to Technology@beehaw.org • 2 years agoReddit to lay off about 5% of workforcewww.livemint.commessage-square72fedilinkarrow-up132arrow-down10cross-posted to: technology@lemmy.ml
arrow-up132arrow-down1external-linkReddit to lay off about 5% of workforcewww.livemint.com@Wilshire@beehaw.org to Technology@beehaw.org • 2 years agomessage-square72fedilinkcross-posted to: technology@lemmy.ml
minus-squarearctic pie (he/him)linkfedilinkEnglish1•2 years agoThe fucked up thing is that it kind of is…layoffs of this kind almost always have a positive impact on stock prices, which is why they do them. Gotta love capitalism!
minus-squareRentlarlinkfedilinkEnglish1•2 years agoYeah, upon reflection you are right… this looks to be Reddit saying “notice me, potential shareholders, I’m so efficient!”
The fucked up thing is that it kind of is…layoffs of this kind almost always have a positive impact on stock prices, which is why they do them. Gotta love capitalism!
Yeah, upon reflection you are right… this looks to be Reddit saying “notice me, potential shareholders, I’m so efficient!”