@championswimmer
Whys he tagged here dude?
Pure corporate greed is also a reason. Freshworks did layoffs recently with their best profit year. And after layoffs, their shares have only soared
Incompetence of leadership.
Greed is the only reason. Investors want more and more profits.
It’s desensitized now. Just BAU
Corporate greed. Companies have realised that people are a resource. People can be hired to build a product then fired and replaced by a cheaper workforce or a skeleton crew just to maintain the service. There are no repercussions anymore. Everyone is replaceable.
Fu*king wars in the world! Everything is connected.
High interest rates, during lockdown both US fed and RBI reduced interest rates close to 4% and funding was off the roof at that time.
Been hearing layoffs again and there are less hiring what's the actual reason for this and when this become normal
Guys, i am in final year B.Tech, currently preparing for placements.
My Parents advice is to prepare for Govt Jobs. They are fearing about the layoffs, but my aim is to get job in anyone of the MAANG.
I just want to know why layoffs h...
I don’t understand what the point really was
I am really curious why there are so many layoffs in the IT industry. Wherever you see, big companies like CISCO are laying off so many employees. Experts on Grapevine, please explain what is going on.
