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Re:DigitalOcean Profits Up, More Stock Buybacks, but lays of... by v0idzer0 on Thursday February 16, 2023 @07:54PM (#34829169)
This is dramatic even for Twitter
Re:DigitalOcean Profits Up, More Stock Buybacks, but lays of... by ecf on Thursday February 16, 2023 @10:36PM (#34830415)
Is it though? Pretty understandable to be pissed off that all these companies are collecting record profits, doing layoffs, and then immediately buying back stock.

Something is fundamentally broken.

Re:DigitalOcean Profits Up, More Stock Buybacks, but lays of... by s1artibartfast on Thursday February 16, 2023 @11:38PM (#34830843)
Paying workers you don't need and don't help your bottom line is fundamentally broken.

They aren't running a charity for jobs program.

Re:DigitalOcean Profits Up, More Stock Buybacks, but lays of... by ngetchell on Friday February 17, 2023 @08:28AM (#34834391)
Maybe the jerks that hired, and subsequently fired, those workers should be fired first?
Re:DigitalOcean Profits Up, More Stock Buybacks, but lays of... by Apocryphon on Friday February 17, 2023 @11:01AM (#34836232)
A point as banal as it is unhelpful. Perhaps if companies didn’t act like charities during good times by promising workers lavish compensation and security, entangling in more workers than necessary, and then pulling the rug from under them during bad times, then this false expectation would have never arisen.