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?
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?
The Federal Reserve raised interest rates in order to cause layoffs. The capitalist class wanted to enlarge the reserve army of labor so that workers would be too worried about losing their jobs to demand raises.
‘You Are Gambling With People’s Lives’: Warren Rips Powell Over Job-Killing Rate Hikes
Which is ironic because one of the Fed’s chartered purposes is to maximize employment. I guess maximizing profits is more important, even though it’s not on the list.