• Punkie
    link
    English
    831 month ago

    Layoffs are not bad press. Not to the shareholders, the only ones who matter to these types. I used to think “oh, layoffs mean the company isn’t doing so good,” but shareholders see “they reduced cost but lost no customers, thus increasing value of the company should it be sold.”

    • The Dark Lord ☑️
      link
      fedilink
      English
      621 month ago

      I hate that that’s the case.

      I’ve been trying to lose weight, so I chopped off my leg just below the knee. I’m several pounds down, and I didn’t have to stop eating even a calorie. It’s amazing.

      The only issue is that now I don’t have a leg and exercise may be difficult….

      • Aniki 🌱🌿
        link
        fedilink
        English
        351 month ago

        Yeah but that’s FUTURE you’s problem, not current you, so it’s totally fine!

        • edric
          link
          fedilink
          English
          181 month ago

          And you’re still alive right? /s. Akin to the people who said Musk’s firing of twitter employees was a genius move because the site was “still running” after all that.

          • @[email protected]
            link
            fedilink
            English
            31 month ago

            Yup! And anyone can cauterize a wound, so you don’t even need the extra expense of a hospital trip!

      • @[email protected]
        link
        fedilink
        English
        181 month ago

        I’m sure the other leg can make up for it, and it should be grateful for the extra work.

      • skulblaka
        link
        fedilink
        English
        71 month ago

        Just sell the body to some other rube and move into a new one that still has both legs. It’s easy. What are you, poor?

    • @scarabic
      link
      English
      11 month ago

      This is true, and it’s weird because these same companies used to hire like crazy because only growth mattered. Finally real financial discipline is being applied. The tech company I work for is open about the fact that revenue-per-employee is something like half of FAANG companies and they want that to change.