this post was submitted on 25 May 2026
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[–] Peereboominc@piefed.social 23 points 1 day ago (5 children)

I find it weird how so many companies are targeting for layoffs instead of expanding the company. You get an accelerator..

[–] Casterial@lemmy.world 12 points 20 hours ago

Most corporations are near-term driven, not long term. It's why many don't innovate anything anymore. Quarterly profits matter more than anything

[–] paranoia@feddit.dk 1 points 14 hours ago

Companies are competing for the same market share.

As an example, what are you going to do with four times more accountants than the total market needs? There are only a limited number of companies to do the accounts for. If one accountant can do four times the work as before, he might be able to expand. If every accountant can do four times the work as before, they cannot all expand. On a company level, why would you keep all the staff doing only 25% of the work as before? Their labour has been significantly reduced in value.

[–] HobbitFoot@thelemmy.club 1 points 15 hours ago

There's nowhere to expand to.

[–] Flower@sh.itjust.works 6 points 23 hours ago

Tariffa and Hormuz makes things expensive. People buy less so companies sell less. Layoffs everywhere.

[–] Tollana1234567@lemmy.today 3 points 21 hours ago

have you seen what thier current mission, agenda is, almost every tech conference near me is AI specific. theres almost no other form of tech at these conference but some form AI bs they are pushing.(i work near a conference center)