News for hackers. Stuff that matters.
Re:Capital Inefficiency by IX-103 on Sunday October 08, 2023 @06:49PM (#37815113)
Yep. Not too mention the actual layoffs that are going on. If you actually look at the hiring for the companies with these layoffs then you find that they are actually growing their workforce while still announcing layoffs. That seems almost designed to depress wages...
Re:Capital Inefficiency by pc86 on Sunday October 08, 2023 @09:43PM (#37816087)
In every case I've seen layoffs-but-expanding-hiring it's always been completely separate teams, maybe even completely different business units - which in a sufficiently large company might as well be different companies.

Have you seen any occurrences of, e.g. layoffs in a team of web developers while simultaneously still hiring web developers?