this post was submitted on 17 Oct 2024
432 points (96.8% liked)

Technology

59679 readers
3989 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
 

Gotta get creative with your layoffs when you already did massive layoffs but still need to please wall street.

you are viewing a single comment's thread
view the rest of the comments
[–] spankmonkey@lemmy.world -5 points 1 month ago* (last edited 1 month ago) (1 children)

If that is the case the Meta set themselves up for failure for some tax breaks and is taking it out on their employees.

[–] sugar_in_your_tea@sh.itjust.works 6 points 1 month ago (1 children)

No, they're using this as an excuse to cull the workforce.

In most orgs, this would merely result in losing access to the benefit.

[–] spankmonkey@lemmy.world 1 points 1 month ago (1 children)

It can be both, since the vouchers have existed for years and are only now getting scrutiny.

And with a normal org, they'd simply revoke the benefit and maybe take a penalty from the employee's future paychecks. Firing someone over such a small benefit is ridiculous and only makes sense if they're actively looking for ways to cut headcount w/o paying severance or unemployment.