News for hackers. Stuff that matters.
Re:Gitlab to lay off 7% of staff by jackcviers3 on Thursday February 09, 2023 @10:09AM (#34725091)
It's also what the fed wants to slow inflation.
Re:Gitlab to lay off 7% of staff by katbyte on Thursday February 09, 2023 @10:25AM (#34725386)
And keep wages down during a period of historical low unemployment.
Re:Gitlab to lay off 7% of staff by teeray on Thursday February 09, 2023 @11:55AM (#34726983)
So it's also a cargo cult. Appease the fed gods and they'll turn the money faucet back on again.