Big tech is thriving despite the layoffs (www.axios.com)

submitted 9 months ago by L4s@lemmy.world to c/technology@lemmy.world

20 comments fedilink hide all child comments

Big tech is thriving despite the layoffs::undefined

you are viewing a single comment's thread
view the rest of the comments

[-] tinsuke@lemmy.world 34 points 9 months ago* (last edited 9 months ago)

I'd say that they're "cooking the books" as in: making it look like they're in better shape than they are by cutting costs, but causing irreparable damage to themselves that will manifest in the long run.

I've survived 3 layoffs at Spotify last year alone. Once I started working there It didn't take long to be proud and feel happy about it. Now, although people still find it cool when I tell them and I still do the same job (no workload increase), I know it is just like any other greedy corpo and I feel compelled to care less and less.

https://c.im/@matdevdug/111828583287417134

[-] KyuubiNoKitsune@lemmy.blahaj.zone 11 points 9 months ago

I just survived layoffs this week and I now give zero fucks about the company. People are scared and angry now.. It's really not a good way to get the most out of your employees

[-] afraid_of_zombies@lemmy.world 0 points 9 months ago

I have done it both ways. Stuck in out thru layoffs and jumped ship when they happened. Generally, if you can, I think jumping ship is better.

[-] KyuubiNoKitsune@lemmy.blahaj.zone 0 points 9 months ago

I thought I was working at a great company, now I wonder if I'll be employed at the end of the year.

[-] afraid_of_zombies@lemmy.world 1 points 9 months ago

It sucks I know. Happened to me twice. If it helps any it probably wasn't the people you worked with, it was a financial "engineer" who did this.

[-] KyuubiNoKitsune@lemmy.blahaj.zone 2 points 9 months ago

Yeah, apparently 3 trillion dollars isn't enough to get by for the company

[-] 0xD@infosec.pub 7 points 9 months ago

Can I ask you why Spotify has this braindead handling of downloaded songs where it still tries to fucking stream them? This goes on my nerves so incredibly much that I'm thinking about quitting my subscription because it's so fucking stupid.

I've downloaded it, Spotify. No you don't have to fucking stream it when I have a bad network connection so the fucking downloaded song constantly cuts off or doesn't even load!!!

[-] Nudding@lemmy.world 6 points 9 months ago

Garbage app

[-] tinsuke@lemmy.world 6 points 9 months ago

On handling downloaded songs and offline playback, my personal (but informed) opinion is that there is:

some licensing reasons for it to be more complicated than strictly necessary
lack of interest of supporting an app feature that doesn't drive numbers immediately up (sure, I agree that a better offline experience would improve the product and help user retention, but it isn't easy/quick to measure its impact), and
lack of ownership with many teams having to support a functionality (keep the app working offline) within all the various app features they own.

So, just as a dog with multiple owners, it goes neglected and starves.

[-] 0xD@infosec.pub 4 points 9 months ago* (last edited 9 months ago)

Ah, yeah, same stuff as always. Management.

The licensing part I did think about, but the songs are in a proprietary format anyway (I think?) and any keys or whatever can be refreshed without streaming the entire song over a slow connection.

Thank you for your detailed answer!

[-] isVeryLoud@lemmy.ca 4 points 9 months ago

It's also hard to care when you know you could be next.

[-] flop_leash_973@lemmy.world 4 points 9 months ago

Yep. Recently saw it at my employer. It happened fast too. One day there was a lot of chatter on Slack channels and the day after the general noise was almost nothing that was not required.

[-] focusedkiwibear@lemmy.world 2 points 9 months ago

this is exactly what is happening in the industry lol

this post was submitted on 28 Jan 2024

96 points (96.2% liked)

Technology

59094 readers

3170 users here now

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

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago

MODERATORS