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GroovyNoodle
GroovyNoodle
32mo
by
Stealth

Layoff to "Achieve Profitability"

I mean I get the layoff predicament, but wtf is this news headline?

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32mo ago
JumpyUnicorn
JumpyUnicorn
BYJU'S
32mo

Good they are saying the truth directly than beating around the bush like due to market condition or performance etc..

GroovyNoodle
GroovyNoodle
Stealth
32mo

But it's not employees and their salaries which are eating up the profits

JumpyUnicorn
JumpyUnicorn
BYJU'S
32mo

Correct, but at the end scapegoat is employees.

GoofyBoba
GoofyBoba
Stealth
32mo

1980: sacked 1990s: layoffs 2000s: downsizing 2010s: rationalising 2020s: rightsizing.

What’s next?

SqueakyMuffin
SqueakyMuffin
Zomato
32mo

XX employees (primarily tech, hr) contributed towards adjusting ebidta in the latest round of adjustments.

GoofyWaffle
GoofyWaffle
Stealth
32mo

Strategy, PMs weren't laid off? Are business people more valued?

(Genuinely asking)

BubblyRaccoon
BubblyRaccoon
Myntra
32mo

Every company is doing the same.

GroovyNoodle
GroovyNoodle
Stealth
32mo

Agreed, I'm questioning the way the headline has been phrased

WigglySushi
WigglySushi
Student
32mo

Whotf is using crypto 🙂?

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