this post was submitted on 11 Jan 2024
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[–] inb4_FoundTheVegan@lemmy.world 94 points 8 months ago (3 children)

To be clear, I'm not defeneding this pratice but explaining it. This cycle is how large businesses operate to foster growth over time.

  • Lay off people to tell stock holders they are becoming more efficient.
  • wait
  • Hiring spree, announce new features, new directions, hype hype hype
  • wait
  • Lay offs! Trimming overhead! Streamlining! Much efficency! Good business!
  • wait
  • Hyyyyyyype! Discord announces a plan to replace iMessage, Email and the entire concept of texting! Triples their staff! Such hype!

Rinse, repeat

It's horrific for the employees and a scathing indictment as capitalism as a whole. But, this is how large businesses work, not nessecarily a massive corporate slip up.

Here is a lawyer explaining the "dance steps" that the game industries is doing as of late.

[–] Reddfugee42@lemmy.world 3 points 8 months ago
[–] PipedLinkBot@feddit.rocks 3 points 8 months ago

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Here is a lawyer explaining the "dance steps" that the game industries is doing as of late.

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[–] BlanK0@lemmy.ml 2 points 8 months ago

Damn, this was very insightful. Thx for sharing!!! 😁