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2024-02-07 14:57:07

Timothy Noah on Nostr: Layoffs aren’t news, I’m sorry to report. Since the 1990s they’ve been a ...

Layoffs aren’t news, I’m sorry to report. Since the 1990s they’ve been a routine ritual sacrifice to appease shareholders. Every month 2 million Americans get laid off. It’s never 3 and it’s never 1. We’ve traded job security for low unemployment even though there’s no great reason to believe there’s any relationship between the two. Big Tech resisted this until a couple of years ago. Now it’s just like everybody else. My latest:

https://newrepublic.com/article/178812/big-tech-loves-lay-offs
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