Layoff to "Achieve Profitability"

I mean I get the layoff predicament, but wtf is this news headline?

16mo ago

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JumpyUnicorn

Good they are saying the truth directly than beating around the bush like due to market condition or performance etc..

GroovyNoodle

But it's not employees and their salaries which are eating up the profits

JumpyUnicorn

Correct, but at the end scapegoat is employees.

GoofyBoba

1980: sacked 1990s: layoffs 2000s: downsizing 2010s: rationalising 2020s: rightsizing.

What’s next?

SqueakyMuffin

XX employees (primarily tech, hr) contributed towards adjusting ebidta in the latest round of adjustments.

GoofyWaffle

Student15mo

Strategy, PMs weren't laid off? Are business people more valued?

(Genuinely asking)

BubblyRaccoon

Every company is doing the same.

GroovyNoodle

Agreed, I'm questioning the way the headline has been phrased

WigglySushi

Student16mo

Whotf is using crypto 🙂?

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