L4sBot@lemmy.worldMB to Technology@lemmy.worldEnglish · 10 months agoNearly 25,000 tech workers were laid off in the first weeks of 2024. Why is that?www.npr.orgexternal-linkmessage-square52fedilinkarrow-up1260arrow-down15file-text
arrow-up1255arrow-down1external-linkNearly 25,000 tech workers were laid off in the first weeks of 2024. Why is that?www.npr.orgL4sBot@lemmy.worldMB to Technology@lemmy.worldEnglish · 10 months agomessage-square52fedilinkfile-text
minus-squaresomethingsnappy@lemmy.worldlinkfedilinkEnglisharrow-up14·10 months agoQ1 profits. It happens to some extent every year between Thanksgiving and early February. It helps the books for Q1. 1rst earnings calls of the year mean more than they should.
minus-squareWhyYesZoidberg@lemmy.worldlinkfedilinkEnglisharrow-up4·10 months agoAnd when everyone is doing it it’s much easier to do… Rinse & repeat
Q1 profits. It happens to some extent every year between Thanksgiving and early February. It helps the books for Q1. 1rst earnings calls of the year mean more than they should.
And when everyone is doing it it’s much easier to do…
Rinse & repeat