Big tech is thriving despite the layoffs (www.axios.com)

submitted 8 months ago by L4s@lemmy.world to c/technology@lemmy.world

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Big tech is thriving despite the layoffs::undefined

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[-] tinsuke@lemmy.world 34 points 8 months ago* (last edited 8 months ago)

I'd say that they're "cooking the books" as in: making it look like they're in better shape than they are by cutting costs, but causing irreparable damage to themselves that will manifest in the long run.

I've survived 3 layoffs at Spotify last year alone. Once I started working there It didn't take long to be proud and feel happy about it. Now, although people still find it cool when I tell them and I still do the same job (no workload increase), I know it is just like any other greedy corpo and I feel compelled to care less and less.

https://c.im/@matdevdug/111828583287417134

[-] KyuubiNoKitsune@lemmy.blahaj.zone 11 points 8 months ago

I just survived layoffs this week and I now give zero fucks about the company. People are scared and angry now.. It's really not a good way to get the most out of your employees

[-] afraid_of_zombies@lemmy.world 0 points 8 months ago

I have done it both ways. Stuck in out thru layoffs and jumped ship when they happened. Generally, if you can, I think jumping ship is better.

[-] KyuubiNoKitsune@lemmy.blahaj.zone 0 points 8 months ago

I thought I was working at a great company, now I wonder if I'll be employed at the end of the year.

[-] afraid_of_zombies@lemmy.world 1 points 8 months ago

It sucks I know. Happened to me twice. If it helps any it probably wasn't the people you worked with, it was a financial "engineer" who did this.

[-] KyuubiNoKitsune@lemmy.blahaj.zone 2 points 8 months ago

Yeah, apparently 3 trillion dollars isn't enough to get by for the company

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this post was submitted on 28 Jan 2024

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