• Pastaguini [he/him]
    ·
    2 years ago

    The article cites slow online sales as part of why they’re laying people off. Aren’t the mass layoffs a possible explanation as to the slower online sales? Isn’t this fueling the problem?

    • UlyssesT [he/him]
      ·
      2 years ago

      Aren’t the mass layoffs a possible explanation as to the slower online sales? Isn’t this fueling the problem?

      Capitalism demands optimization in ways that actually inhibit further optimization.

      Look at the notorious SEO tactic and how it makes search engines worse over time and makes SEO tactics less effective.

    • Frank [he/him, he/him]
      ·
      2 years ago

      Real cost of living has gone up enormously over the last few years and we've been in a de facto recession since 2007. People probably just can't afford to buy stuff anymore.

    • jabrd [he/him]
      ·
      2 years ago

      Also these white collar, tech job layoffs are happening right after quantitative easing ended and the fed started jacking interest rates. When liquidity dries up and debts become a larger obligation I feel like a lot of these email jobs are about to be liquidated

    • Dimmer06 [he/him,comrade/them]
      ·
      edit-2
      2 years ago

      Their stock price fell $20 a share in the last quarter, so they gotta do something to appease the investors