this post was submitted on 18 Aug 2023
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Meta updates RTO policy with stricter mandate, saying workers may lose their jobs if they don't show up 3 days a week::Meta, formerly known as Facebook, told employees that its new RTO policy would be enforced by management.

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[–] p03locke@lemmy.dbzer0.com 3 points 1 year ago (2 children)

Since when do big corporations give a shit about bursting industry bubbles? If it's not their own bubble, they loooooooove to capitalize on the profit margins that come from disasters. Even if it is their own bubble, they'll find a way to short their own stock to see a big windfall.

[–] LufyCZ@lemmy.dbzer0.com 2 points 1 year ago

Economy collapse -> people have less money -> people spend less money -> the corporation has less revenue -> :)

This is almost guaranteed to have trickled down. If the banks go down due to being overleveraged, everyone suffers. Isn't it strange all the major companies are doing this, even when it doesn't make sense? Literally no one else from my team works in my office, they're all in another state. Then again, I work for a bank, so... Yeah. This is the "if I go down, we all go down" part of the plot