wild how so many companies are laying off 7-15% of their workforce in such quick succession
Anyone made redundant by LLM who is not in a protected class will be fired, otherwise top management violates legal duty to maximize shareholder value.
This really is the techpocalypse, huh? I’m young (35) but I’ve never seen layoffs so continuous. I wonder how far into the year this will go and if we’ll ever come back. Maybe companies truly will start offshoring.
The last few years were marked by a truly outrageous hiring spree fueled by near-zero interest rates and, by extension, tons of cheap VC money. Because of greed or mismanagement, tech companies over-hired during the pandemic expecting record growth to continue indefinitely. These layoffs are a sign that pandemic-era business growth plans were brittle, unable to tolerate even temporarily raised interest rates and the ceasing flow of cheap cash.
Gitlab and Github look like they are forked from the same branch. https://www.cnbc.com/2023/02/09/gitlab-layoffs-company-to-cu...
This metaphor doesn't work for me. Source code is not analogous to organizational behavior. Not to mention it gives readers confused context about the link, which is about GitLab layoffs.
Gitlab and Github look like they are forked from the same branch. https://www.cnbc.com/2023/02/09/gitlab-layoffs-company-to-cu...
This metaphor doesn't work for me. Source code is not analogous to organizational behavior. Not to mention it gives readers confused context about the link, which is about GitLab layoffs.
Anyone made redundant by LLM who is not in a protected class will be fired, otherwise top management violates legal duty to maximize shareholder value.
this is pretty dumb, LLM isn't replacing any actual coders