When Google lays off 12,000 tech workers just months after a stock buyback that would have paid their wages for the next 27 years, they deliver two benefits to their shareholders. It's not just the short-term gains from the financial engineering - there's the long-term gain of gutting worker power and stripping away the final impediment to enshittification:
https://pluralistic.net/2023/09/10/the-proletarianization-of-tech-workers/
No matter how strong an individual tech worker's bargaining power was, it was always brittle.
39/
Cory Doctorow /
npub1yx…75qvv
2024-01-13 16:51:12
in reply to nevent1q…f3da
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