I am annoyed at how much coverage of these recurring "Big Gorilla lays off around 10.000 people" is basically just a rehash of the company press release, with not a single journalist asking how it's possible that all of these big tech companies made the same exact mistake of hiring too many people, while simultaneously showing record profits.

Like, if a 'rigorous review' finds 12.000 redundancies, why does nobody question leadership about how this was allowed to happen?

Not one critical note.

@sindarina it’s wrong to hire that many people when you know you’re gonna fire most of them. These people have families relying on them. It’s sick. I’ve never heard of this many companies fire thousands at a time every other week.
@Luci_brennacolleen @sindarina It was a thing in the early nineties. I almost decided not to study computer science, but figured that it was cyclical, and probably growing. I saw another comment stating that e.g. microsoft fired 10k, but hired 30k people the last few years. Still not nice to the staff, or very smart from the companies' perspective (onboarding and morale costs, image etc..)