this post was submitted on 01 Mar 2024
519 points (98.9% liked)

Technology

59593 readers
6512 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots


founded 1 year ago
MODERATORS
 

Despite Booming Economy And Record Profits Google, Amazon, Microsoft And More Lay Off Over 42,000 So Far In 2024::Despite a booming U.S. economy and significant advancements in the tech sector, including a robust performance by companies like Nvidia Corp. and a thriving artificial intelligence (AI) industry, tech companies have continued to lay off workers at an alarming rate in 2024. The tech-heavy Nasdaq index has shown an impressive uptick and the U.S. economy added 353,000 jobs in January, outpacing economists’ forecasts. However, this overall economic strength masks a wave of layoffs in the tech sector

you are viewing a single comment's thread
view the rest of the comments
[–] eethi 6 points 8 months ago* (last edited 8 months ago)

It's at the non-profits too. My work turned around suddenly in November claiming there was no money/funding for the work that had already been approved and highly praised. Gas lighting. Turning (or trying to) turn our colleagues against us. Yelling and crying (I kid you not, I was horrified at the time). Calling us disrespective and divisive (because we were trying to fix access/health and safety issues and had not only been given the go ahead, it was incorporated into our strategic plan in the summer and our boss repeatedly said that funding wasn't an issue at the time).

Cue 3 weeks later in our AGM, where the auditors come in to talk about the financials.

"We have to be careful not to give the illusion that we're hoarding money because we have so much in the bank".

All because my bosses feelings were fucking hurt and she's the definition of a fragile neo-liberal white lady who thinks she's a radical leftist.

(We've now been in mediation for three months, surpriiiiise, lol. And I have lawyers on hand in case they don't get their heads out of their asses, which seems more and more likely as time goes by becauze they broke labour law and my province's human rights code)