It’s a dark time to be a tech worker right now::Nearly 300,000 tech employees have been laid off since last year, data shows.

  • catsarebadpeople@sh.itjust.works
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    9 months ago

    To an MBA educated exec, it might look like a roughly $30 billion dollar loss in value. But I can tell you’re not educated because the real issue is advertiser and user numbers dropping at an alarming rate.

    • Avid Amoeba@lemmy.ca
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      9 months ago

      You can tell eh? 😂 Now consider the point of view that you can do the labor trimming without the additional massive mismanagement by Elon. Could that perhaps cause fewer advertisers and users to flee, could perhaps the cost savings vs lost revenue balance positively even if the service quality has decreased by some margin?

      • catsarebadpeople@sh.itjust.works
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        9 months ago

        Yep, I can definitely tell now. What are you even talking about? Could these things perhaps, maybe, possibly balance out? No… Users and advertisers are actively fleeing the platform. The platform that has lost over 70% of its value. Saving on labor, outweighs a 30 billion dollar loss in shareholder value? It’s clear you don’t understand business but surely you can do simple math.

        • Avid Amoeba@lemmy.ca
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          9 months ago

          You’re clearly not understanding what I’m saying and you’re trying to mock. Not great but you do you. ☺️