Nearly 25,000 tech workers were laid off in the first weeks of 2024. Why is that?::undefined

  • aguyinheat@lemmynsfw.comEnglish
    0·
    10 months ago

    Shulman adds: “They’re getting away with it because everybody is doing it. And they’re getting away with it because now it’s the new normal,” he said. “Workers are more comfortable with it, stock investors are appreciating it, and so I think we’ll see it continue for some time.”

    ughh this makes my blood boil

    yeah workers are “OK” with it, yeah, no, they’re too fucking terrified they’re next to do anything about it

    hate this guy

      • nivenkos@lemmy.worldEnglish
        01·
        10 months ago

        Unions can’t stop layoffs - at best they can just change the order in which employees are laid off (First-in Last-out / seniority), I guess the process might make the company reconsider, but there’s no direct intervention.

        I’m a member of a union and went through layoffs.

        I think it’d only change if unions had power on the board / guaranteed share ownership, etc. as is the case in Germany (board representation with workers’ councils) and was proposed but rejected in Sweden (share ownership).