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YouTube to eliminate 100 employees as layoffs at Google continue (techcrunch.com)

submitted 9 months ago by Renn@sh.itjust.works to c/technology@lemmy.world

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[–] sighofannoyance@lemmy.world 1 points 9 months ago

layoffs would not be the bellwether for that.

I guess we can at least agree, that even if a company doing lay offs isn't necessarily going belly up, a company that is going belly up is probably doing some lay offs along the way.

However going beyond the point we agree over... what if a lay off sets in motion a series of chain reactions:

reduced investor/shareholder confidence -> possibly stock/company-value tanking -> -> leading to issues with the lowered valuation and their debt, worse credit rating(?)
destroyed worker moral -> the best workers are more likely to leave, workers who remain having to shoulder their burden
less team members have to shoulder much more work (usually for the same pay)

I am sure there are other factors and maybe some of those three above are not a factor at all..