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A comment on Bolt announces layoffs. Parent comment

Re:Bolt announces layoffs by scarface74 on Wednesday May 25, 2022 @10:01PM (#31513362)
Large profitable tech companies don’t lay off staff when they see opportunities to grow. I know that three of the Big 5 tech companies (FAANG - Netflix + Microsoft) are throwing money and headcount at cloud just from the aggressive recruitment I’m seeing - I work for one of the big 3 in the consulting department and I’m constantly getting solicitations from the other two. Apple also is still hiring where it sees growth

Facebook? Who knows? I don’t follow adTech

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Re:Bolt announces layoffs by DeathArrow on Thursday May 26, 2022 @02:03AM (#31515178)
FAANG - Netflix + Microsoft started development centers in my Eastern European country. Apart from Google which is about the decent level, the rest aren't offering very good salaries or work conditions compared to competition so they aren't attracting the top talent.

Their strategy here is not the same as in US. They came here for cheap workforce, but cheap for them means REALLY cheap.

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Re:Bolt announces layoffs by unicornmama on Thursday May 26, 2022 @02:19AM (#31515269)
The bigger the machine the slower their wheels turn. But they will turn.
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