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?
this post was submitted on 25 Jan 2024
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Big companies are inefficient at monitoring themselves and can have a lot of employees that aren't contributing to the company's health... it'd be nice if those were the folks laid off but it can also be difficult to determine who is valuable and who isn't so usually the cuts try and target low performers but metrics are used that cut a lot of high performers... then you're still in the hole and try more cuts.
This continues (obviously never affecting upper management) until the company collapses or you get lucky as hell.