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eBay will lay off 1,000 employees — 9 percent of the company
(www.theverge.com)
This is a most excellent place for technology news and articles.
This breaks down as a business grows. When your business employs a significant portion of the local economy, it accumulates soft power that can rival that of local governments, all while having little to none of the accountability or representation that one would otherwise expect.
Management is likely being fired to an extent, but one used to expect those with the authority and responsibility to be in such a position of power to be held accountable. We’re long gone from the days where a leader would personally take accountability and step down while making unpopular or harmful decisions.
I don’t have a perfect solution to this but I clearly think something needs to change.