What is the actual issue with these layoffs? Why do they always get spammed around and everyone gets mad. Big companies churn employees whats the problem? Do we need to celebrate when they hire 10% back in the next month.
In America, your life is very much dependent on your job. Your healthcare is intrinsically tied to it, we have little to no safety nets protecting you when you lose it, and yet it’s a country with little to no employee protection laws. We’re in the middle of a recession and there aren’t enough jobs for everyone. They will not be hiring 10% back next month. At best these employees with their good credentials will got other jobs in the tech sector pushing out 10,000 other tech workers. People will go hungry, people will not be able to get medicine they need to survive.
It used to be that layoffs were something companies did as an emergency last resort. Now people’s livelihoods are cast aside as casually as you would pick a new color to paint the office walls.
These are workers in an industry where these work patterns are common, they make far above average wage and can work from anywhere in the world. Their job mobility is very high so why feel sorry for them? This isnt the same as the only steel mill in town laying off 1000 workers.
Mobility is not high when every other company in the market does this regularly. People that just started families, moved their lives, have healthcare needs will see significant negative impact. These actions are a direct transfer of wealth from working class people to already incomprehensibly wealthy shareholders. And what’s more the actions are designed to keep people happy with what they have and reduce wages and wage growth for those that aren’t impacted. Shareholders are incentivizing immoral acts against the working class and using tech corporations to do so.
These work patterns are becoming common and that’s precisely the problem.
This industry is also very vast and doesn’t just include the big tech companies. When all the big tech companies are doing layoffs like this there is no lateral or upward mobility. Many of these employees move downwards pushing out plenty of employees without the high salaries and mobilities. Some of those less mobile employees leave the industry entirely and flood others affecting those as well.
The idea that these layoffs affect only the people laid off is not accurate. 10,000 fewer jobs means 10,000 fewer jobs. In a country that does not have enough jobs for everyone who is willing and able to work, every lob lost is a net negative for an entire industry. When this continues year over year it’s not just the big tech sycophants who are negatively affected. This shit rolls downhill to every already underpaid high school IT employee.
It was not common until about 3-4 years ago. For years, if you got hired, you were pretty much golden, as long as you were good at the job.
Also, the job market is getting rougher and rougher. Just yesterday I read a comment from someone who said they’d been in the industry for 15 years and it’s never been this bad. And another from someone who said they’d been unemployed for 18 months now.
These layoffs are being done to manipulate stock prices and signal that “we’re really great at using AI so we don’t need to pay humans anymore”. These are actual human beings as pawns in the games of capital. Doesn’t matter how much you’re earning for the company, they need you gone so they can say they’re closer to being a human-free company.
Yeah, boy am I glad I finally got into the industry just before the pandemic hit. If I was trying to get into it now with zero experience, I think I’d have a better chance of becoming a lawyer without a degree, Mike Ross style.
I’m getting to the point where I can call myself a senior in a few years without feeling embarrassed. And since nobody’s hiring juniors and they still want seniors, I think it’ll be a good place in a few years. At least until they figure out AI that’s good enough to start displacing seniors en masse as well, by then I hope to just have investments to make some passive income in addition to whatever the fuck I’ll be doing to earn my bread after this. Maybe I’ll be a lumberjack. I do like playing with my Husqie.
I hope someone asks you that next time you lose your job. It’s only 8,000 people who’s lives have been turned upsidedown, you have the emotional capacity of a CEO.
In sane parts of the world, layoffs need to be justified. E.g getting rid of a department that wasn’t profitable and there’s literally no other vacancies to fill in the company with the same people, or cutting costs to stay in business.
Meta doesn’t seem to be close to closing down. Their employee count isn’t really reducing much, they’re just virtue signaling AI usage by laying people off. Where I come from, it would be illegal to lay someone off and not hire them back when you’re hiring again for a similar role, because layoffs are ONLY for positions being closed permanently. Otherwise it’s a firing, and you also need justification for firing (and it’s an entirely different kind of justification).
What is the actual issue with these layoffs? Why do they always get spammed around and everyone gets mad. Big companies churn employees whats the problem? Do we need to celebrate when they hire 10% back in the next month.
In America, your life is very much dependent on your job. Your healthcare is intrinsically tied to it, we have little to no safety nets protecting you when you lose it, and yet it’s a country with little to no employee protection laws. We’re in the middle of a recession and there aren’t enough jobs for everyone. They will not be hiring 10% back next month. At best these employees with their good credentials will got other jobs in the tech sector pushing out 10,000 other tech workers. People will go hungry, people will not be able to get medicine they need to survive.
It used to be that layoffs were something companies did as an emergency last resort. Now people’s livelihoods are cast aside as casually as you would pick a new color to paint the office walls.
These are workers in an industry where these work patterns are common, they make far above average wage and can work from anywhere in the world. Their job mobility is very high so why feel sorry for them? This isnt the same as the only steel mill in town laying off 1000 workers.
Mobility is not high when every other company in the market does this regularly. People that just started families, moved their lives, have healthcare needs will see significant negative impact. These actions are a direct transfer of wealth from working class people to already incomprehensibly wealthy shareholders. And what’s more the actions are designed to keep people happy with what they have and reduce wages and wage growth for those that aren’t impacted. Shareholders are incentivizing immoral acts against the working class and using tech corporations to do so.
These work patterns are becoming common and that’s precisely the problem.
This industry is also very vast and doesn’t just include the big tech companies. When all the big tech companies are doing layoffs like this there is no lateral or upward mobility. Many of these employees move downwards pushing out plenty of employees without the high salaries and mobilities. Some of those less mobile employees leave the industry entirely and flood others affecting those as well.
The idea that these layoffs affect only the people laid off is not accurate. 10,000 fewer jobs means 10,000 fewer jobs. In a country that does not have enough jobs for everyone who is willing and able to work, every lob lost is a net negative for an entire industry. When this continues year over year it’s not just the big tech sycophants who are negatively affected. This shit rolls downhill to every already underpaid high school IT employee.
It was not common until about 3-4 years ago. For years, if you got hired, you were pretty much golden, as long as you were good at the job.
Also, the job market is getting rougher and rougher. Just yesterday I read a comment from someone who said they’d been in the industry for 15 years and it’s never been this bad. And another from someone who said they’d been unemployed for 18 months now.
These layoffs are being done to manipulate stock prices and signal that “we’re really great at using AI so we don’t need to pay humans anymore”. These are actual human beings as pawns in the games of capital. Doesn’t matter how much you’re earning for the company, they need you gone so they can say they’re closer to being a human-free company.
pre-pandemic hire yea you pretty much were set. but not during covid, and not during 2023 though.
Yeah, boy am I glad I finally got into the industry just before the pandemic hit. If I was trying to get into it now with zero experience, I think I’d have a better chance of becoming a lawyer without a degree, Mike Ross style.
I’m getting to the point where I can call myself a senior in a few years without feeling embarrassed. And since nobody’s hiring juniors and they still want seniors, I think it’ll be a good place in a few years. At least until they figure out AI that’s good enough to start displacing seniors en masse as well, by then I hope to just have investments to make some passive income in addition to whatever the fuck I’ll be doing to earn my bread after this. Maybe I’ll be a lumberjack. I do like playing with my Husqie.
I hope someone asks you that next time you lose your job. It’s only 8,000 people who’s lives have been turned upsidedown, you have the emotional capacity of a CEO.
These people work at Meta, they can get another job. These arent low mobility workers.
I hope someone points that out to you next time you lose your job. Your lack of empathy is gross
So people should be forever employed? What kind of childish world view is this
In sane parts of the world, layoffs need to be justified. E.g getting rid of a department that wasn’t profitable and there’s literally no other vacancies to fill in the company with the same people, or cutting costs to stay in business.
Meta doesn’t seem to be close to closing down. Their employee count isn’t really reducing much, they’re just virtue signaling AI usage by laying people off. Where I come from, it would be illegal to lay someone off and not hire them back when you’re hiring again for a similar role, because layoffs are ONLY for positions being closed permanently. Otherwise it’s a firing, and you also need justification for firing (and it’s an entirely different kind of justification).
The bare minimum would look something like https://employment-social-affairs.ec.europa.eu/policies-and-activities/rights-work/labour-law/employee-involvement/collective-redundancies_en
Is it childish to think that companies that are profitable should not be able to get rid of their employees for no reason?
If they have to hire back 10% next month, their foolishness will be even more newsworthy.