this post was submitted on 03 May 2025
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Why is every company cutting 20,000 jobs
lol maybe there's an anchoring effect at play, companies look at other companies to see how much they cut, and base their cuts off that
there's definitely a trend chasing thing where a company will do something because they have a reason and then all the other shitheads have to also do that because we're too slow at pushing investors into woodchippers.