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.
Amazon: 18.000
Alphabet/Google: 12.000
Meta/Facebook: 11.000
Microsoft: 10.000
Salesforce: 8.000
And there's probably more that I am forgetting right now. All very similar percentages of the total workforce, clearly the kind of "you must cut this many" move that's been passed down from on high, and yet pretty much all reporters are nodding along with "post-pandemic spending shift, and weakening global economy" 🙄
@sindarina I used to work in a tech company where every year they would just fire 5-10% of the people. And managers were ask to rate their teams on a curve, one had to best, most had to be medium, and one had to be designated to be fired.
They skipped that public ranking. But I believe the higher up #management might still believe, that regular firings might somehow help their profits.
Sindarina, Edge Case Detective
Thierna