this is a running tally they’re compiling in a single “article” and yeahhhh. not looking very good right now

  • xfc@lemdro.id
    link
    fedilink
    English
    arrow-up
    4
    ·
    9 months ago

    Why is it happening this week? Are we approaching end of financial year in the US or something?

    • rwhitisissle@beehaw.org
      link
      fedilink
      arrow-up
      4
      ·
      9 months ago

      A lot of companies overhired during COVID, Trump basically turned the Federal Reserve into an unlimited money hack for banks and other companies, the tech sector is particularly sensitive to boom and bust cycles of mass hiring/layoffs every few years, there’s been Fed rate hikes recently, and other factors. Your more conspiratorially minded would say it’s a concerted effort to make people too afraid to unionize by making them think their jobs are in danger.