[equalsione]

> Tech companies are still performing mass lay-offs, even with a tech bubble in full force. > Many organisations are also resorting to employee-hostile strategies to increase employee churn, such as forced Return-To-Office policies.

Would generally agree and it’s been discussed a lot but apart from “because they can” I haven’t heard a really compelling reason why. I’m not convinced by the claims about AI taking jobs (yet). So what’s going on?

[marcosdumay]

Companies that are not launching successful products and don't have competition pushing for innovations on their current products are firing R&D people.

I'm really tempted to add an ironic "News at 11!" at the end, by the way. But in case you are one of the large majority that didn't notice, currently the software market has a problem. And we can expect more bad consequences of it.