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30 points

Employee layoffs have nothing to do with the work a company has/intends to do.

A great video by Moon Channel, explains this and other things, about how the layoffs are 100% performative, to appease investors, in a literally manufactured hype cycle.

I personally think that the same goes for 100% 150% of all public statements these companies and their leaders make.

They don’t make sense, because they don’t have to. They’re not meant for you.

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61 points

This is off topic, but threatening the livelihood of hundreds of people to jerk off some investor douches who don’t give a shit about the actual medium is peak sociopathic capitalism.

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4 points

“sociopathic capitalism” is a bit pleonastic

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1 point

Here is an alternative Piped link(s):

A great video

Piped is a privacy-respecting open-source alternative frontend to YouTube.

I’m open-source; check me out at GitHub.

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