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Re:Tell HN: Netflix doing mass layoffs today by rchaud on Wednesday December 13, 2023 @12:41PM (#38631055)
The unwritten social contract is with shareholders. A layoff announcement is like a Christmas gift in a financial system that rewards workforce cuts.
Re:Tell HN: Netflix doing mass layoffs today by sitkack on Wednesday December 13, 2023 @12:44PM (#38631120)
Blood sacrifice to drive up stock prices, that hopefully stay high into the new year, that can pay the taxes on last years gains.