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submitted 11 months ago by [email protected] to c/[email protected]

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[–] [email protected] 29 points 11 months ago (2 children)

Employee layoffs have nothing to do with the work a company has/intends to do.

A great video by Moon Channel, explains this and other things, about how the layoffs are 100% performative, to appease investors, in a literally manufactured hype cycle.

I personally think that the same goes for ~~100%~~ 150% of all public statements these companies and their leaders make.

They don't make sense, because they don't have to. They're not meant for you.

[–] [email protected] 60 points 11 months ago (1 children)

This is off topic, but threatening the livelihood of hundreds of people to jerk off some investor douches who don’t give a shit about the actual medium is peak sociopathic capitalism.

[–] [email protected] 4 points 11 months ago

"sociopathic capitalism" is a bit pleonastic