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Re:An Update on January 2023 Organizational Changes by nibbleshifter on Tuesday January 24, 2023 @01:53AM (#34500307)
> Probably more about sending a message to anxious tech-shareholders than anything else.

That's basically the whole deal.

You have to be seen to be cutting costs, to assuage the board and shareholders that you are performing your duty.

Layoffs are an incredibly easy way to do that.

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