this post was submitted on 07 Jun 2023
142 points (100.0% liked)
Technology
37699 readers
283 users here now
A nice place to discuss rumors, happenings, innovations, and challenges in the technology sphere. We also welcome discussions on the intersections of technology and society. If it’s technological news or discussion of technology, it probably belongs here.
Remember the overriding ethos on Beehaw: Be(e) Nice. Each user you encounter here is a person, and should be treated with kindness (even if they’re wrong, or use a Linux distro you don’t like). Personal attacks will not be tolerated.
Subcommunities on Beehaw:
This community's icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Totally a sign of an ultra-successful IPO!
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!
Disgusting, this is is why this system needs to die, infinite growth is unsustainable, like a cancer, fucking over people is seen as a good thing for "business", how infuriating.
Yeah, upon reflection you are right... this looks to be Reddit saying "notice me, potential shareholders, I'm so efficient!"