this post was submitted on 17 Feb 2024
56 points (78.0% liked)

Technology

76480 readers
2769 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related news or articles.
  3. Be excellent to each other!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
  9. Check for duplicates before posting, duplicates may be removed
  10. Accounts 7 days and younger will have their posts automatically removed.

Approved Bots

founded 2 years ago
MODERATORS
L3s@lemmy.world
enu@lemmy.world
technopagan@lemmy.world
L4s@lemmy.world
L3s@hackingne.ws
L4s@hackingne.ws
56
Mark Zuckerberg explains why so many tech companies are doing layoffs right now (www.businessinsider.com)
submitted 2 years ago by L4s@lemmy.world to c/technology@lemmy.world
32 comments fedilink hide all child comments
 

Mark Zuckerberg explains why so many tech companies are doing layoffs right now::Meta's CEO said tech execs realized doing tough layoffs didn't end their companies โ€” and there can be benefits to being leaner.

you are viewing a single comment's thread
view the rest of the comments
[โ€“] QuarterSwede@lemmy.world 1 points 2 years ago

There is a tipping point where a company starts losing revenue because of having too little employees to support the needs. The main issue in the past few years is many over-hired.