Re:DigitalOcean Is Doing Layoffs Right Now
by sophacles on Wednesday February 15, 2023 @09:36AM
(#34804329)
The best I've been able to determine is: we went through a period of very low unemployment, and as a result employee class people were able to do things like "ask for reasonable pay" and "switch jobs for more money".
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Re:DigitalOcean Is Doing Layoffs Right Now
by JumpCrisscross on Wednesday February 15, 2023 @09:38AM
(#34804360)
> the scariest thing that can happen to a capitalist system
This is nonsense. Nobody benefits from high nominal and low or negative real wage growth. Everyone does from real wage growth, including investors.