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[-] violentfart@lemmy.world 10 points 3 weeks ago

The profits also aggregate at the top. The problem is it’s short term, and the later cost isn’t funded by the top as it’s a one-way flow.

Record profits, new product release: they’re often followed immediately by layoffs so the next quarter’s metrics look extra good and they can cash in.

The few poor souls remaining hold the fort until hiring starts again and the cash out cycle begins once more.

this post was submitted on 08 May 2026
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