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A comment on Gitlab to lay off 7% of staff. Parent comment

Re:Gitlab to lay off 7% of staff by IshKebab on Thursday February 09, 2023 @10:57AM (#34725878)
That's nonsense. Maybe for a small number of companies in SV or for successful startups (which are rare).

But the vast majority of software developers get no or very little equity.

[ Parent | on HN ]
Re:Gitlab to lay off 7% of staff by andsoitis on Thursday February 09, 2023 @08:57PM (#34734673)
If my interpretation of the overarching sentiment here on HN is accurate, it is that the big tech companies make tons of profit and hence the layoffs are unnecessary. It is within that context that I said that.
[ Parent | on HN ]