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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 kortex on Thursday February 09, 2023 @11:38AM (#34726687)
It's typical paper-thin plausible deniability of corporations justifying actions.

- Oil supplies are tough so we are raising gas prices (we know we can get a few weeks/months of crazy profits and blame it on the energy crisis)

- Supply chain issues are tough so we have to tighten out belt (excuse to not give out raises/bonuses)

- The macroeconomic environment is tough, so we gotta lay off 7-10% (we have wanted to trim the fat for some time and now we have the perfect cover)

Funny how it is always slow to go the other way (slow for gas prices to come down, wages to rise, and rosters are expanded).

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Re:Gitlab to lay off 7% of staff by red-iron-pine on Thursday February 09, 2023 @12:37PM (#34727778)
Something strong has to drive it. Hopefully that's economic pressures and not guillotines, but it may come to that.
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