EVHasteJan 20, 2023

Make no mistake, the tsunami of #tech #layoffs is not about the recession. It’s about striking back at “uppity” labor, after they enjoyed a shift in the balance of power from #remotework and DEI #activism .

These companies are reporting record profits. Inflation is just cover. It’s because they can, because there’s social cover for it, because there’s money left on the table and having “some” money isn’t enough.

It’s nothing short of class warfare.

Show threadtoxtethogradyJan 20, 2023
@Haste I suspected it was coordinated. But they are playing with a certain amount of fire, because the employees they cashier may decide to never come back. Or they may come back as competitors...
Show threadPacky Anderson
@toxtethogrady @Haste My suspicion is less coordination than following the group. I'm imagining lots of "THEY'RE laying off workers, why aren't we?!?" conversations in boardrooms.
Jan 21, 2023 at 12:18amWeb
Show threadPacky AndersonJan 21, 2023
@toxtethogrady @Haste Someone else agrees with me. https://social.coop/@natematias/109724013057434758
J. Nathan Matias 🦣 (@[email protected])

Content warning: Layoffs are yet another area where companies refuse to follow the science. Here's what the science says.

social.coop