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this post was submitted on 27 Feb 2024
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I feel like every company is taking advantage of the mass layoffs going on everywhere, which lets their own layoffs get lost in the news of endless layoffs. I think theyre simply laying off staff just to save on labor costs.
I've been saying the same thing for a while. Same with the massive waves of 'inflation' and enshittification.
Isn’t it one of the quickest ways to increase profits in the short term? If they’re not essential and you have a quarterly profit report coming up…
Yeah. Corporate at my work is always looking to keep labor costs at a minimum because its "easy to control". Yeah, it saves money, but it's so damned shortsighted.