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A comment on Meta has started its latest round of layoffs, focusing on business groups. Parent comment

Re:Meta has started its latest round of layoffs, focusing on... by arbitrary_name on Wednesday May 24, 2023 @10:19AM (#36058457)
How does that improve anyone's financial position?

Have you heard of sunk cost fallacy?

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Re:Meta has started its latest round of layoffs, focusing on... by afavour on Wednesday May 24, 2023 @11:17AM (#36059317)
I'm suggesting that the execs in charge of these decisions are perhaps not approaching the issue rationally.
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Re:Meta has started its latest round of layoffs, focusing on... by robertlagrant on Wednesday May 24, 2023 @11:18AM (#36059324)
Yes, but the existence of a fallacy doesn't mean it applies here. If people can be convinced to go back to the office the company won't lose millions of dollars. Is that a sunk cost then?
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