Mark Zuckerberg explains why so many tech companies are doing layoffs right now - eviltoast

Mark Zuckerberg explains why so many tech companies are doing layoffs right now::Meta’s CEO said tech execs realized doing tough layoffs didn’t end their companies — and there can be benefits to being leaner.

    • Asafum@feddit.nl
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      9 months ago

      More stressed workers, which isn’t something they give 2 shits about. :/

      • monkeyslikebananas2@lemmy.world
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        9 months ago

        When they laid off 3/4ths of my team it reduced my stress. I realized that since the company doesn’t give a shit about what we were working on, why should I?

        Let the chips fall where they may, I am now remotely working for a company and planning my own business.

        Also, I wish I had gotten laid off so I could get the severance.

    • QuarterSwede@lemmy.world
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      9 months ago

      There is a tipping point where a company starts losing revenue because of having too little employees to support the needs. The main issue in the past few years is many over-hired.