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Re:Tech workers demand high salaries despite hiring slowdown by dicriseg on Friday September 15, 2023 @04:46PM (#37528916)
These statements are not mutually exclusive. Tech workers deserve higher salaries for the value they provide. And the market is to some extent manipulated, or we wouldn’t see massive layoffs and massive (and growing) profits. The difference is, tech workers don’t have an analog of layoffs at their disposal. Workers control labor supply of 1, when most companies individually control large multiples of the demand side. That doesn’t mean that workers deserve less.

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