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Nearly 25,000 tech workers were laid off in the first weeks of 2024. Why is that? (www.npr.org)

submitted 9 months ago by L4s@lemmy.world to c/technology@lemmy.world

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Nearly 25,000 tech workers were laid off in the first weeks of 2024. Why is that?::undefined

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[–] primordial@lemmynsfw.com 92 points 9 months ago* (last edited 9 months ago) (1 children)

Shulman adds: "They're getting away with it because everybody is doing it. And they're getting away with it because now it's the new normal," he said. "Workers are more comfortable with it, stock investors are appreciating it, and so I think we'll see it continue for some time."

ughh this makes my blood boil

yeah workers are "OK" with it, yeah, no, they're too fucking terrified they're next to do anything about it

hate this guy

[–] SuperCub@sh.itjust.works 59 points 9 months ago (3 children)

More like the workers aren't unionized and have no voice in the matter, amirite?

[–] primordial@lemmynsfw.com 15 points 9 months ago

well i mean yeah. but unionizing would be the thing to do about it. it's just hard because people are scared for their job and scared to be out of a job right now, so they don't want to take the risk. even though it's fairly obvious that it's a bigger risk not to...

[–] sentient_loom@sh.itjust.works 13 points 9 months ago

Many of us are contractors, which just means employees with no rights who you can lay off without an excuse.

[–] nivenkos@lemmy.world 3 points 9 months ago

Unions can't stop layoffs - at best they can just change the order in which employees are laid off (First-in Last-out / seniority), I guess the process might make the company reconsider, but there's no direct intervention.

I'm a member of a union and went through layoffs.

I think it'd only change if unions had power on the board / guaranteed share ownership, etc. as is the case in Germany (board representation with workers' councils) and was proposed but rejected in Sweden (share ownership).