this post was submitted on 13 Dec 2023
707 points (100.0% liked)
196
16503 readers
2927 users here now
Be sure to follow the rule before you head out.
Rule: You must post before you leave.
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
Employee layoffs have nothing to do with the work a company has/intends to do.
A great video by Moon Channel, explains this and other things, about how the layoffs are 100% performative, to appease investors, in a literally manufactured hype cycle.
I personally think that the same goes for ~~100%~~ 150% of all public statements these companies and their leaders make.
They don't make sense, because they don't have to. They're not meant for you.
This is off topic, but threatening the livelihood of hundreds of people to jerk off some investor douches who don’t give a shit about the actual medium is peak sociopathic capitalism.
"sociopathic capitalism" is a bit pleonastic