this post was submitted on 19 Feb 2024
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Mark Zuckerberg: Tech layoffs in 2024 have been a natural response to pandemic-era over hiring (www.itpro.com)
submitted 10 months ago by L4s to c/technology
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Mark Zuckerberg: Tech layoffs in 2024 have been a natural response to pandemic-era over hiring::Meta CEO Mark Zuckerberg believes companies are still readjusting to pandemic-era hiring tactics amid a flurry of layoffs across the industry.

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[–] rambaroo 1 points 10 months ago* (last edited 10 months ago)

Bullshit. People get fired for making mistakes all the time, and this was a colossal fuckup. Instead of firing the people who fucked up they're punishing employees.

And lol at the pathetic war and climate change excuses. My company tried to pull the same bs explanation. There's always some war going on, Ukraine was invaded during the pandemic and that didn't stop these companies from going on a hiring spree back then.

Wake up, it's all a lie for PR. The only thing they give a shit about is servicing investor demands, and investors are a mob who don't know anything about running any individual business.

These execs will never admit that they were so stupid that they actually thought the pandemic demand level would be permanent, or that they were such a shill that they did know but overhired anyway because that's what investors yelled at them to do.