Lots of ESG hires who aren't doing shit other than organizing "events" and finding issues to complain about, this is dead weight.
Doesn't seem that way. Most of these were engineers - https://www.crn.com/news/cloud/digitalocean-layoffs-engineer...
DigitalOcean Profits Up, More Stock Buybacks, but lays off 11% anyways
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Re: DigitalOcean Profits Up, More Stock Buybacks, but lays off 11% anyways
#22Earlier quoted context omitted.
They're firing people cause of a meme, not cause anyone made a business case as you are implying. A meme: that times are tough and firing people will free up capital. It's a meme my boy. people are losing their jobs cause CEOs need to "make tough decisions". They're not doing business evaluations. They're following the herd. A meme.
Seems like the meme based leadership is working if they are bringing in record profits and conducting stocks Buybacks. Feel free to remind me if they go into bankruptcy
When you've spent the past 30 years ensuring that your plate is always filled first by buying out the political class, of course you'll get record profits.
That don't stop your decisions from being arbitrary and just following the herd.
Re: DigitalOcean Profits Up, More Stock Buybacks, but lays off 11% anyways
#23Lots of ESG hires who aren't doing shit other than organizing "events" and finding issues to complain about, this is dead weight.
Doesn't seem that way. Most of these were engineers - https://www.crn.com/news/cloud/digitalocean-layoffs-engineer...
While the link does say that seven engineers were let go, it doesn't say how many other people were. There's no additional information, is this whole story about a mere seven people? It appears to be. So were only seven laid off? Doesn't say. Seems like CNN is leaving out some information.