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this post was submitted on 13 Dec 2023
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Employee layoffs have nothing to do with the work a company has/intends to do.
A great video by Moon Channel, explains this and other things, about how the layoffs are 100% performative, to appease investors, in a literally manufactured hype cycle.
I personally think that the same goes for ~~100%~~ 150% of all public statements these companies and their leaders make.
They don't make sense, because they don't have to. They're not meant for you.
This is off topic, but threatening the livelihood of hundreds of people to jerk off some investor douches who don’t give a shit about the actual medium is peak sociopathic capitalism.
"sociopathic capitalism" is a bit pleonastic
Here is an alternative Piped link(s):
A great video
Piped is a privacy-respecting open-source alternative frontend to YouTube.
I'm open-source; check me out at GitHub.