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A comment on Coinbase lays off around 1,100 employees. Parent comment

Re:Coinbase lays off around 1,100 employees by int_19h on Wednesday June 15, 2022 @02:16PM (#31757003)
It doesn't matter what's "expected in today's market" from this perspective, either, since the market can be extremely skewed in terms of bargaining power.

What matters is 1) how much wealth any given employee generates, and 2) how much of that generated wealth they retain. Anything that doesn't end up in their pockets, and is not a business expense otherwise, is economic rent collected by their employer.

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Re:Coinbase lays off around 1,100 employees by spullara on Friday June 17, 2022 @02:46PM (#31782582)
I don't think you want to go down this path. The majority of the workers would likely be a net loss with gains attributable to a much smaller set of workers. I don't think people would like their income clawed back because they didn't end up generate excess wealth for the company.
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