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A comment on The Great Displacement Is Already Well Underway. Parent comment

Re:The Great Displacement Is Already Well Underway by VirusNewbie on Wednesday May 14, 2025 @01:05PM (#43986840)
All the big FAANG companies that did major layoffs have rehired to the original amount since then.

I really believe the layoffs were not about needing less people, it was about gaining some ground in the employee/employer dynamic.

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Re:The Great Displacement Is Already Well Underway by quesera on Wednesday May 14, 2025 @02:54PM (#43988007)
From a pure economics perspective, this is healthy.

There are always low performers. Periodically transitioning out the bottom 10% or so, and rehiring different people, possibly in a different departmental distribution, is always net beneficial to the company.

Using regional/national/global events as the explanation is always better than blaming yourself.

Bad for people in the short term, of course. Arguments are made that it's good for society in the longer term. Wars are fought between opposing sides of that opinion. :)

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