L4sBot@lemmy.worldB to Technology@lemmy.worldEnglish · 1 year agoNearly 25,000 tech workers were laid off in the first weeks of 2024. Why is that?www.npr.orgexternal-linkmessage-square44fedilinkarrow-up1253arrow-down14file-textcross-posted to: lavoro@feddit.ittechnology@beehaw.org
arrow-up1249arrow-down1external-linkNearly 25,000 tech workers were laid off in the first weeks of 2024. Why is that?www.npr.orgL4sBot@lemmy.worldB to Technology@lemmy.worldEnglish · 1 year agomessage-square44fedilinkfile-textcross-posted to: lavoro@feddit.ittechnology@beehaw.org
minus-squaresomethingsnappy@lemmy.worldlinkfedilinkEnglisharrow-up14·1 year agoQ1 profits. It happens to some extent every year between Thanksgiving and early February. It helps the books for Q1. 1rst earnings calls of the year mean more than they should.
minus-squareWhyYesZoidberg@lemmy.worldlinkfedilinkEnglisharrow-up4·1 year agoAnd when everyone is doing it it’s much easier to do… Rinse & repeat
Q1 profits. It happens to some extent every year between Thanksgiving and early February. It helps the books for Q1. 1rst earnings calls of the year mean more than they should.
And when everyone is doing it it’s much easier to do…
Rinse & repeat