In an effort to maximize profits and satisfy shareholders, tech leaders often choose to cut jobs and then cloak the bad news with fancy terms such as ‘company restructuring’ or ‘corporate downsizing.’

  • mommykink@lemmy.world
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    9 months ago

    “Learn to code” mfers when the people they told you learn to code learn to code and oversaturate the once-competitive job market

    • partial_accumen@lemmy.world
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      9 months ago

      Tech is “feast or famine”. If you’re doing it right, you fatten up your saving during the boom years knowing the bust is coming, then live off your otherwise oversized saving during the bust.

  • lurch (he/him)@sh.itjust.works
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    9 months ago

    i doubt shareholders actually want that. i have some shares and i wouldn’t want to risk some stupid managers fire the imporrant people. i want the managers to earn less and give me a bit more dividend and pay the workers better.