It’s self-cannibalizing also. Layoffs are now the only way for them to maximize profits enough for their shareholders to get their ROI, and in the future even that won’t be enough. They will be drained of every ounce of value that can be extracted of them and then discarded. Such is the fate of every company that gets in bed with wall street.
This is literally always the case
It’s self-cannibalizing also. Layoffs are now the only way for them to maximize profits enough for their shareholders to get their ROI, and in the future even that won’t be enough. They will be drained of every ounce of value that can be extracted of them and then discarded. Such is the fate of every company that gets in bed with wall street.