this post was submitted on 14 Jan 2024
59 points (100.0% liked)

technology

23300 readers
152 users here now

On the road to fully automated luxury gay space communism.

Spreading Linux propaganda since 2020

Rules:

founded 4 years ago
MODERATORS
 

Note this write up is far from perfect buts it's a pretty good article to get normie coworkers a bit more class conscious

you are viewing a single comment's thread
view the rest of the comments
[–] posthexbearposting@hexbear.net 12 points 10 months ago

I don't think it's that complex really - in economic downturns big companies do mass layoffs. It's standard capitalist behavior to do cuts during recessions and hire more during booms.

It's similar logic to keeping the unemployment rate at ~4%