A sign of capitalist decline: Pink slips hit tech workers hard
www.workers.org
external-link
In a vulgar display of capitalist greed, indicative of the system’s state of decay, high tech companies have laid off more than 58,000 workers since the start of the new year. These figures include the latest announcements from Google parent company Alphabet to slash 12,000 jobs and Microsoft’s rece

These new layoffs in the tech industry are a continuation of major cuts over the last year. According to the tech-job tracker layoffs.fyi, there have been more than 200,000 tech jobs eliminated since the start of 2022. They include 18,000 layoffs at Amazon in recent months and 11,000 at Facebook parent company Meta in November.

To add insult to injury, many of the Google workers only discovered they were terminated when their key fobs didn’t work after they arrived at work. Google notified the workers through an email, rather than through personal contact. Meanwhile, corporate spokespeople and human resources representatives of the tech giants can be heard condescendingly telling laid-off workers to “build their resumes.” With mass layoffs at such a high rate, it is difficult for the displaced workers to be optimistic about future job opportunities.

Well us IT people have enjoyed quite a nice little guild (in medieval terms) existence. But just like the engineers and all others before, capitalism must break us and drive us back from the labor aristocracy and into the misery of the broader proletariat.

On the other hand, it might redpill (pun intended) some people

“Just learn to code”

“there’s a skill shortage” = wages are too high because there are not enough workers, with the required skills and education, to drive down wages and extract maximum surplus value.

well…now i understand why they stopped using the old slogan “don’t be bad”

  • 0 users online
  • 4 users / day
  • 18 users / week
  • 23 users / month
  • 16 users / 6 months
  • 10 subscribers
  • 493 Posts
  • 1.4K Comments
  • Modlog