GroovyNoodle
GroovyNoodle

Layoff to "Achieve Profitability"

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

Post image
23mo ago
Jobs
One interview, 1000+ job opportunities
Take a 10-min AI interview to qualify for numerous real jobs auto-matched to your profile 🔑
+322 new users this month
JumpyUnicorn
JumpyUnicorn
Loco23mo

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

GroovyNoodle
GroovyNoodle

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

JumpyUnicorn
JumpyUnicorn
Loco23mo

Correct, but at the end scapegoat is employees.

GoofyBoba
GoofyBoba

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

What’s next?

SqueakyMuffin
SqueakyMuffin
Zomato23mo

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

GoofyWaffle
GoofyWaffle

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

(Genuinely asking)

BubblyRaccoon
BubblyRaccoon
Myntra23mo

Every company is doing the same.

GroovyNoodle
GroovyNoodle

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

WigglySushi
WigglySushi
Student23mo

Whotf is using crypto 🙂?

Discover more
Curated from across