this post was submitted on 04 Feb 2024
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241
The U.S. economy is booming. So why are tech companies laying off workers? (www.washingtonpost.com)
submitted 9 months ago by [email protected] to c/[email protected]
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The U.S. economy is booming. So why are tech companies laying off workers?::undefined

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[โ€“] [email protected] 0 points 9 months ago (1 children)

That does not explain it either

[โ€“] [email protected] 12 points 9 months ago

Wealthy shareholders and C-suite executives are trying to squeeze out as much profit as they can. Their boom leads to bust for the rest of us.