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We need to ban high capacity magazines and perform detailed background checks. We also shouldn’t have citizens carrying semi-automatic weapons. Open carry also needs to be revoked.
Let’s make it hard to murder people. #protectourkids #nashville
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I am #JohnMastodon, your sage advisor.
@fuzzychef Wow, they even say the quiet part out loud at the bottom: in the face of all these layoffs, "competition for talent in the technology industry has fallen significantly".
So exactly what we all assumed was true: the layoffs were meant as a comp reset and a power play, not because they had any basis in financial reality.
Folks are treating the recent tech layoffs as something spontaneous. They were not. Apparently the current layoffs were orchestrated by hedge funds.
This hedge fund demanded that the big tech companies lay people off because they were being paid too much. Let that one sink in: a hedge fund manager saying that you're being paid too much.
Note that TCI is demanding that Google lay off more people.
As layoffs in the tech sector mount, Stanford Graduate School of Business Professor Jeffrey Pfeffer is worried. Research – by him, and others – has shown that the stress layoffs create takes a devastating toll on behavioral and physical health and increases mortality and morbidity substantially. Layoffs literally kill people, he said.
Your feelings about Musk aside, this isn't something to celebrate. Our focus should be on fixing an economic system that allows one person to gain such massive wealth.
Despite losing more than the rest of us can even imagine, Musk is still the second richest person in the world.
Elon Musk's wealth wipeout hit a new milestone: he became the first person ever to lose $200 billion https://trib.al/EaJ0Vtz