Wilshire@beehaw.org to Technology@beehaw.org · 1 year agoReddit to lay off about 5% of workforcewww.livemint.comexternal-linkmessage-square69fedilinkarrow-up139arrow-down10cross-posted to: [email protected][email protected]
arrow-up139arrow-down1external-linkReddit to lay off about 5% of workforcewww.livemint.comWilshire@beehaw.org to Technology@beehaw.org · 1 year agomessage-square69fedilinkcross-posted to: [email protected][email protected]
minus-squarearctic pie (he/him)@beehaw.orglinkfedilinkEnglisharrow-up1·1 year 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-squareRentlar@beehaw.orglinkfedilinkEnglisharrow-up1·1 year 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!”