I spoke to over 40 game developers whose companies had been impacted by layoffs in the last year. They shared with me the explanations companies gave them for what was causing the sudden loss of their livelihood, but they also told me why those explanations didn’t always seem to match reality.
This has nothing to do with performance or the economy, and everything to do with late stage capitalism. Companies have a round of layoffs just to bump up their year end statements. Worse yet, they then proceed to hire people back for less money.
While what I think you’re trying to say is true, in that this isn’t a accidental misfortune of one industry and instead is a commonly used feature of the current system I do think it’s worth noting that you aren’t correct on a detail.
Right now layoffs are happening in tech, media, and finance but many other industries adding jobs. There’s a net positive of jobs added vs these layoffs right now.
None of those jobs would hesitate to lay those people off for a dollar I’m sure. So saying it’s everywhere is true in a sense but misleading in another.
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There’s a lot of siloed misinformation here.
FURTHERMORE…
This has nothing to do with performance or the economy, and everything to do with late stage capitalism. Companies have a round of layoffs just to bump up their year end statements. Worse yet, they then proceed to hire people back for less money.
It’s money-grubbing evil, no more and no less.
While what I think you’re trying to say is true, in that this isn’t a accidental misfortune of one industry and instead is a commonly used feature of the current system I do think it’s worth noting that you aren’t correct on a detail.
Right now layoffs are happening in tech, media, and finance but many other industries adding jobs. There’s a net positive of jobs added vs these layoffs right now.
None of those jobs would hesitate to lay those people off for a dollar I’m sure. So saying it’s everywhere is true in a sense but misleading in another.