Re:Tech layoffs keep stacking up
by igobyterry on Friday July 01, 2022 @10:29AM
(#31946885)
I'm in agreement with you.
I know the people who were laid off were passionate about what they were working on - and this was a big disruption to their life.
But when I see some of these layoffs, my immediate thought is:
1.) Who is this company and how did they have so many people?
2.) OK, that industry experienced a COVID boon (edtech, mortgages)
3.) Taking advantage of others laying off people to get rid of poor performers
Netflix laying off employees; I'm sorry, but Netflix is mostly a catalog of garbage at an ever increasing cost, with legitimate competitors at this point.
I know the people who were laid off were passionate about what they were working on - and this was a big disruption to their life.
But when I see some of these layoffs, my immediate thought is:
1.) Who is this company and how did they have so many people?
2.) OK, that industry experienced a COVID boon (edtech, mortgages)
3.) Taking advantage of others laying off people to get rid of poor performers
Netflix laying off employees; I'm sorry, but Netflix is mostly a catalog of garbage at an ever increasing cost, with legitimate competitors at this point.