Comment on Discord is laying off 17 percent of employees
MaxPow3r11@lemmy.world 10 months ago
Capitalism!
It fucking sucks!
Comment on Discord is laying off 17 percent of employees
MaxPow3r11@lemmy.world 10 months ago
Capitalism!
It fucking sucks!
sunbeam60@lemmy.one 10 months ago
I wouldn’t confuse ownership structure with capitalism. You could have capitalism and coops only.
Urist@lemmy.ml 10 months ago
Uhm, they are getting laid off to increase profit margin, or at the very least so that the CEO can say so at the next shareholder meeting. Do not confuse a workplace with ownership, that is capitalism.
Dark_Arc@social.packetloss.gg 10 months ago
They’re getting laid off because there IS NO PROFIT MARGIN.
Urist@lemmy.ml 10 months ago
That depends on the time frame considered. Short term loss is often used as an excuse to lay people off for long time gains.