Tech Industry job layoffs looking scary

[JLova]

it’s funny when people shyt on socialism they say it “can’t adjust”

They don’t tell you capitalism “adjusting” is throwing ten million people on unemployment

LmAo but capitalism “works “

This is some kind of pseudo capitalism. It’s being abused of course by the powers that be. Thy can’t stop exploiting people.

 

[JLova]

They only want it paused so their companies can catch up and compete.

It’s so they can better prepare to cut way more staff and rejig their workforce.

 

[the bossman]

This is some kind of pseudo capitalism. It’s being abused of course by the powers that be. Thy can’t stop exploiting people.

Crony capitalism

 

[Serious]

 

[Serious]

Roku to slash 200 jobs, amounting to 6% of workforce

The announcement from Roku matches a previous round of layoffs that affected 200 workers.

abcnews.go.com

 

[Gritsngravy]

Only politician on there as usual: Andrew Yang.

These old foggies need to start getting involved and taking action.
Just checked the names on that link, not a single person on Congress or elected representative.

That said, I know plenty of people are simply trying to stall because they know ChatGPT can basically leave their company in the dirt.

Honestly I say why stop let’s get it in for real, ain’t no half way stepping

 

[JT-Money]

Job Listings Abound, but Many Are Fake

In an uncertain economy, companies post ads for jobs that they might not really be trying to fill.

www.wsj.com

 

[Serious]

@Big Boss

 

[Big Boss]

@Big Boss

It's over

 

[Lord_nikon]

Virgin Orbit fails to secure funding, will cease operations and lay off nearly entire workforce​

Virgin Orbit fails to secure funding, will cease operations and lay off nearly entire workforce

Virgin Orbit CEO Dan Hart gave employees an update in an all-hands meeting on Thursday, according to audio obtained by CNBC.

www.cnbc.com

 

[Bleed The Freak]

Not even Wack Arnold's is spared.

McDonald's reportedly temporarily shuts its U.S. offices and prepares layoff notices

McDonald's is temporarily closing its U.S. offices this week as it prepares to inform corporate employees about layoffs.

www.cnbc.com

 

[JLova]

It's over

Called it

 

[Bleed The Freak]

Toys are being put back in the closet.

 

[Bleed The Freak]

Called it

McDonald's ain't having no shooting at their corporate office. Folks gonna find out at home.

 

[Serious]

Y’all can have MAANG

in a min government/ federal jobs about to look better and safer than working in tech:

Google to cut down on employee laptops, services and staplers for 'multi-year' savings

Google CFO Ruth Porat made references to the year 2008, when Google made similar cuts to respond to the financial crisis.

www.cnbc.com