• kent_eh@lemmy.ca
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    2 days ago

    Why are tech companies laying off the humans?

    Because they think they can reduce costs / increase profits by doing it.

    • Madison420@lemmy.world
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      2 days ago

      Technically they will. They’ll have quarterly gains for a moment and then much greater losses as they have to rehire and run extra hours to fix everything that got screwed up. That said most companies are myopic enough that they’ll be happy about the quarterly gains and baffled befuddled and outraged about the subsequent losses.

      • kent_eh@lemmy.ca
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        2 days ago

        They’ll have quarterly gains for a moment and then much greater losses

        As the pattern repeats itself yet again.

        most companies are myopic enough that they’ll be happy about the quarterly gains and baffled befuddled and outraged about the subsequent losses.

        I endured enough years as a corporate drone to have experienced that pattern repeat itself multiple times.