this post was submitted on 25 Jan 2024
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Every day there’s more big job cuts at tech and games companies. I’ve not seen anything explaining why they all seam to be at once like this. Is it coincidence or is there something driving all the job cuts?

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[–] hex_m_hell@slrpnk.net 47 points 9 months ago (1 children)

Employees aren't afraid anymore so companies are trying to reinstate fear.

[–] interdimensionalmeme@lemmy.ml 31 points 9 months ago

Yes, it is a concerted effort to create a glut. This is like the wga strike, they want to starve you a little so you'll come back begging for a job before you lose your home.

They know the next 20 year will be a shortage of labour and stagflation. They're just trying to start this lean period with the upper hand.