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Every day thereβs more big job cuts at tech and games companies. Iβve 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?
It's Q1. Companies always push hard for Q1 profits above all else. There's usually hiring freezes and cuts to maximize profits, come Q2, they'll hire a bunch of people and the cycle will continue.
It starts with C and ends with M and bringing it up will get the white tyrants crying to the pinkertons.
EDIT: DAMN IT ITS NOT CUM.
I can't believe it's not cum
Maximizing shareholder's profits, as St. Friedman commanded.
It's an election year in the midst of an onsetting recession, so shareholders want to consolidate. I think on top of that models are being sold as something that can replace certain task forces - normally there would be rehires, and there still will be but I think it will be after its seen that they aren't ideal replacements.
Consolidations, changing business direction, lack of funds and projects, etc.