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Mark Zuckerberg explains why so many tech companies are doing layoffs right now (www.businessinsider.com)

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

34 comments fedilink hide all child comments

Mark Zuckerberg explains why so many tech companies are doing layoffs right now::Meta's CEO said tech execs realized doing tough layoffs didn't end their companies — and there can be benefits to being leaner.

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[–] Rob@lemdro.id 29 points 9 months ago (3 children)

The benefits of being leaner include, having to pay less workers. = making more money.

But what are the consequences of less workers?

[–] Asafum@feddit.nl 12 points 9 months ago (2 children)

More stressed workers, which isn't something they give 2 shits about. :/

[–] Rob@lemdro.id 8 points 9 months ago

exactly. They would rather work individuals to extremes, then pay for more workers.

[–] monkeyslikebananas2@lemmy.world 6 points 9 months ago* (last edited 9 months ago)

When they laid off 3/4ths of my team it reduced my stress. I realized that since the company doesn’t give a shit about what we were working on, why should I?

Let the chips fall where they may, I am now remotely working for a company and planning my own business.

Also, I wish I had gotten laid off so I could get the severance.

[–] BearOfaTime@lemm.ee 6 points 9 months ago (1 children)

*fewer

Countable things are fewer.

[–] Kbobabob@lemmy.world 2 points 9 months ago (1 children)

If I have 50 grams of water and pour 20 grams out. Do I have less water or fewer water?

[–] BlameItOnSomeone@lemmy.world 3 points 9 months ago (1 children)

Less water, fewer grams of water.

[–] Kbobabob@lemmy.world 2 points 9 months ago (1 children)

So it's just semantics?

Then they have less workforce? I'm not sure that is correct but I am curious what the correct phrasing is if not.

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

Yep - less workforce (because workforce is a singular object) but fewer workers (because the "number of workers" is a countable object)

[–] QuarterSwede@lemmy.world 1 points 9 months ago

There is a tipping point where a company starts losing revenue because of having too little employees to support the needs. The main issue in the past few years is many over-hired.