this post was submitted on 29 Oct 2023
85 points (94.7% liked)
Hacker News
4122 readers
1 users here now
This community serves to share top posts on Hacker News with the wider fediverse.
Rules
0. Keep it legal
- Keep it civil and SFW
- Keep it safe for members of marginalised groups
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
It's either a scummy way to reset the pay ladder or true stupidity. Maybe both.
I'm reminded of an article that explains this bout of layoffs as more of a trend than anything else:
https://news.stanford.edu/2022/12/05/explains-recent-tech-layoffs-worried/