Technology

59597 readers

3259 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

founded 1 year ago

MODERATORS

submitted 10 months ago by L4s@lemmy.world to c/technology@lemmy.world

20 comments fedilink hide all child comments

Big tech is thriving despite the layoffs::undefined

you are viewing a single comment's thread
view the rest of the comments

[–] JoMomma@lemm.ee 47 points 10 months ago (1 children)

They are "thriving" because of layoffs, there is no more direct path to increase profits than to stop paying employees

[–] 1984@lemmy.today 3 points 10 months ago* (last edited 10 months ago)

Yeah the headline doesn't make sense. They pay less salaries, how is that a bad thing for profits... :)

They hired too many people when money was cheap. Now they get rid of some of them. It's still just like a few percent of the total work force.