this post was submitted on 17 Oct 2024
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Gotta get creative with your layoffs when you already did massive layoffs but still need to please wall street.

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[–] spankmonkey@lemmy.world -5 points 1 month ago* (last edited 1 month ago) (1 children)

If that is the case the Meta set themselves up for failure for some tax breaks and is taking it out on their employees.

[–] sugar_in_your_tea@sh.itjust.works 6 points 1 month ago (1 children)

No, they're using this as an excuse to cull the workforce.

In most orgs, this would merely result in losing access to the benefit.

[–] spankmonkey@lemmy.world 1 points 1 month ago (1 children)

It can be both, since the vouchers have existed for years and are only now getting scrutiny.

And with a normal org, they'd simply revoke the benefit and maybe take a penalty from the employee's future paychecks. Firing someone over such a small benefit is ridiculous and only makes sense if they're actively looking for ways to cut headcount w/o paying severance or unemployment.