this post was submitted on 03 May 2025
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technology

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[–] FloridaBoi@hexbear.net 3 points 5 days ago (1 children)

Why is every company cutting 20,000 jobs

[–] yogthos@lemmygrad.ml 3 points 5 days ago (1 children)

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

[–] Le_Wokisme@hexbear.net 3 points 5 days ago

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.