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2024-09-27 22:53:47 UTC
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Brokar on Nostr: This has nothing to do with jobs and their security at all. When a company lets staff ...

This has nothing to do with jobs and their security at all. When a company lets staff go, the announcement of that has a direct effect on the stock price. So basically when the stock price is in danger to go down, they let staff go to stabilize it.
Next time a company announces this watch the stock price. It jumps up usually by about 1-3%.

None of these companies give a damn about any employee who they can lay off.
Doesn't matter how hard you work.