r/videos • u/No_Picture_925 • 9h ago

Big Tech Cut 950,000 Jobs... And Then Hired Them All Back

https://youtu.be/swtfbef3HhM
124 Upvotes

87% Upvoted

13 comments sorted by

132

u/brewstah 9h ago

During Covid I had to lay off 2/3 of my team. A few months later when business hadn’t cratered like they expected I was told I could rehire for about half of the positions I had to lay off. They then got upset that I wanted to rehire people I had layed off before. It’s so tiring

57

u/DecidedSloth 7h ago

No see management needs new people without seniority so they could pay them way less for the same work. Fucking parasites.

20

u/Different-Process-93 7h ago

Also it’s a you problem having to train them and deal with their lack of experience. They don’t have to deal with their consequences of their actions. 

2

u/s8rlink 3h ago

And keep workers scared and open to accepting worse pay, worse standards and worse benefits, be grateful you even have a job! 

8

u/FlyingPetRock 3h ago

Yet another example of a real, tangible, problem unions and a CBA could address with furlough and recall rules.

No more firing all the senior people and just rehiring them at whatever wage they force on everyone to try and do a salary reset to make line go up.

67

u/Sargash 9h ago

Ya, remove seniority, remove commraderie, remove friendships, retirement plans, the list goes on.

33

u/Frosted_Tips 9h ago

And if you time it right, the smooth brains think you created jobs

20

u/Cristoff13 8h ago

You could layoff everyone except the CEO and stock prices would go to the stratosphere. The company would fail the next day, but for one day you'd be the richest company on the stock exchange.

9

u/parsimonious 6h ago

Heck, replace the C-suite with AI (some of the easiest and most programmatic work to replace), save the company a mint and get a bump for being on the bleeding edge of AI people replacement. AI everyone! Buy buy buy!

•

u/Iron0ne 5m ago

It is performance review season at my company and the goals and strategy was clearly written by AI.

They spent years and millions of dollars telling us to use it.

So I feed their goals and style guidelines into the AI and fed it right back to them.

Exceeds Expectations.

2

u/SnooPuppers58 4h ago

i work at a big tech company. we laid off all the data scientists / data engineers including a guy i was friends with. a few months later my team has a new ds and de.

2

u/GeniusEE 4h ago

What better way to cancel stock options, the major source of income for workers in a lot of tech firms?

•

u/Iron0ne 10m ago

I work for a tech company with heavy AI development.

A core function of AI sales pitch is it is going to allow you to reduce head counts.

So like they need to show that…. Our product will help you maximize value for the shareholders!

Except our job posting are FULL of openings for software engineers. Tons and tons of posting for software developers. AI might someday replace roles but very real very expensive workers are needed now for it.