Augh

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Joined 10 months ago
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Cake day: January 26th, 2024

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  • As someone who deals with business analytics/ budgeting, “not meeting sales expectations” is a 1:1 translation to “bad sales.” Sony has R&D, manufacturing, and other “static” costs that need to be recouped with more unit sales–decent isn’t enough when you’re balancing everything around great.

    (This translates to much of peak-covid -> “post”-covid business decision backlash. So much short-term thinking based on the economy being temporarily on crack with everyone at home).




  • I’d argue that ignoring that any forced, unpaid labor under threat of violence is slavery is worse than “minimizing chattel slavery,” full stop.

    This is unintentionally drinking the corporate prison Kool Aid at best, and actively sanitizing our prison’s cruel labor system at worst.

    Accurately calling prison labor slavery isn’t a knock on chattel slavery, it’s an acknowledgement that it’s changed. Say it’s not as bad all you want, but it’s still the same forces at work.


  • Lots of tech companies saw huge growth during covid thanks to everyone having extra money to spend (see crypto and NFTs if you want clear examples that we just had too much laying around).

    Many of these companies then saw their revenue and userbase increase month-after-month and thought the growth was going to continue forever (or, more cynically, they knew it was going to crash but acted like it was going to continue). This led to a bunch of hires to “drive growth.”

    But obviously, pandemic spending habits have mostly stopped, and the money faucet is being turned off. Companies can’t afford all the workers they hired, so they’re “let go due to market downturns.”

    TL;DR Companies either thought they were going to have unrealistic growth and made dumb hiring decisions, or knew the growth was going to end and thus made cruel hiring decisions.