In an effort to maximize profits and satisfy shareholders, tech leaders often choose to cut jobs and then cloak the bad news with fancy terms such as ‘company restructuring’ or ‘corporate downsizing.’

  • partial_accumen@lemmy.world
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    9 months ago

    Tech is “feast or famine”. If you’re doing it right, you fatten up your saving during the boom years knowing the bust is coming, then live off your otherwise oversized saving during the bust.