Every day there’s more big job cuts at tech and games companies. I’ve not seen anything explaining why they all seam to be at once like this. Is it coincidence or is there something driving all the job cuts?

  • Big P@feddit.ukEnglish
    334·
    7 months ago

    Overhiring during covid is definitely a major part of it, combined with a slight investment bubble bursting

    • Tak@lemmy.ml
      401·
      7 months ago

      I don’t like calling it overhiring as if it was accidental or something. They didn’t hire thousands of people over covid thinking covid would never end, they just knew they could pick up people to fill the role for now and kick them to the curb as soon as they weren’t needed.

      It wasn’t an oopsie, it was by design.

      • Ephera@lemmy.ml
        7·
        7 months ago

        Yeah, here in Germany, workers have stronger protections, laying them off isn’t as easy, and I feel like the layoff waves have largely not occurred here, because companies didn’t hire so much during the pandemic.