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Meta gave 6 executives options worth up to $921M each, then cut 8,000 jobs after a record $56.3B quarter
(lemmy.world)
This comes after $8.03 billion from a one-time tax benefit tied to the One Big Beautiful Bill Act, which promised to "create jobs"
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As always, you can check out the community's pinned post to get started: https://lemmy.world/post/40065381
there is no connection between company profits and job cuts. idk why people seem to think "surely if the company makes lots of money, they can afford to pay a few employees". that's not the point. companies inherently have no interest in "paying a few employees". if the company thinks it can save $1M on employees who generate $800k in profit, it will always let them go.