Technology

59414 readers

3123 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

Approved Bots

founded 1 year ago

MODERATORS

[email protected]

170

YouTube to eliminate 100 employees as layoffs at Google continue (techcrunch.com)

submitted 10 months ago by [email protected] to c/[email protected]

19 comments fedilink hide all child comments

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

[–] [email protected] 3 points 10 months ago* (last edited 10 months ago) (2 children)

are dying simultaneously.

Why isn't it possible?

The cost of servicing debt has exploded.

[–] [email protected] 6 points 10 months ago (1 children)

Not saying it isn't possible, but layoffs would not be the bellwether for that. Companies lay people off all the time, even when they aren't hurting if they think they can pad their bottom line.

[–] [email protected] 1 points 10 months ago

layoffs would not be the bellwether for that.

I guess we can at least agree, that even if a company doing lay offs isn't necessarily going belly up, a company that is going belly up is probably doing some lay offs along the way.

However going beyond the point we agree over... what if a lay off sets in motion a series of chain reactions:

reduced investor/shareholder confidence -> possibly stock/company-value tanking -> -> leading to issues with the lowered valuation and their debt, worse credit rating(?)
destroyed worker moral -> the best workers are more likely to leave, workers who remain having to shoulder their burden
less team members have to shoulder much more work (usually for the same pay)

I am sure there are other factors and maybe some of those three above are not a factor at all..

[–] [email protected] 2 points 10 months ago

Here is an alternative Piped link(s):

Why isn't it possible?

Piped is a privacy-respecting open-source alternative frontend to YouTube.

I'm open-source; check me out at GitHub.