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A comment on DigitalOcean Is Doing Layoffs Right Now. Parent comment

Re:DigitalOcean Is Doing Layoffs Right Now by marcosdumay on Wednesday February 15, 2023 @11:51AM (#34806672)
If negative social value work is lucrative, people will do it. If it's not lucrative, people won't do it.

This has no relation at all with the employment rate.

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Re:DigitalOcean Is Doing Layoffs Right Now by twoodfin on Wednesday February 15, 2023 @03:41PM (#34810270)
It’s not the social value it’s the economic value, and as interest rates rise less productive use of capital becomes less attractive.
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