2025 is deemed the year of layoffs. That’s what a hiring manager told me jokingly the other day. Time to squeeze the oranges hard as you possibly can until it’s about the burst! I think everyone is terrified. I certainly am. It’s infuriating. You work hard, do everything you’re supposed to do, and you lose no matter what happens
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The interest rate isn’t at near-zero anymore so instead of growing with insane leverage, they’re trying to keep the juicy profit margins going by cutting while still raising prices as much as they can. Squeeze is a very apt term here because us peasants are getting squeezed every which way. When the fumes run out from the post-covid squeeze, the decline will accelerate. Government and corporate coffers are getting raided by the rich on the way out.
Even from the point of view of a heartless capitalist, layoffs should be a shame upon the employer.
Layoffs say: “I don’t know how to make money with these people. And I hired them anyway.”
That’s a double shame. First that your business isn’t robust enough to grow even with additional resources. Second, what were you thinking?
“Why is company culture so bad”
As long as individuals are allowed to hoard hundreds of billions (soon, trillions) of dollars that they couldn’t possibly use in 1000 years, then this will never end.
We need to cap personal wealth, and it needs to be a number so low that any one person can’t take over a country like Nazi Musk is doing at this very moment.
There is absolutely no reason why we have homeless people, people who can’t afford medication, kids who are hungry, and students who have to choose between education and a roof over their head.
These problems exist because there are literal trillionsof dollars being hoarded by a few people, when it should have been distributed to everyone who actually earned it.
There is a infinite amount of wealth in the economy. Everyone can be infinitely wealthy.
I am tired of the world pretending only the people who invest money are “invested” in a workplace.
Your example here is what I am speaking of.
We invest our lives in a workplace, with the hope that our labor will make the workplace succeed in the marketplace. It is an investment: of our time, of our effort, and thought.
When the business fails or decides we aren’t worth it, they are ignoring the investment we made in learning how the business works and doing our best work.
We are turned to the streets, nevermind the effort and investment we went through. No, because we didn’t bring money to the table none of that counts somehow even though we did all the real labor that make the business function. Labor the “invested” couldn’t do on their own, no matter how much money they had.
The only company I’ve ever truly been invested in is the one I’m running myself. I’ve never seen working for someone else as anything more than trading my time for monetary compensation. The only reason I ever cared about a company’s success was to ensure I still had a place to earn a living from.
If it were a small business where I felt valued, then maybe it would be different - but not when we’re talking about a company that employs hundreds and the CEO doesn’t even know me by name.
I agree with you. I also take the investing approach to hopefully learn any new skills I can during employment that might be viable for my future career somewhere else.
2025 is deemed the year of layoffs
Wasn’t 2023 the year of layoffs? Didnt like half a million people get laid off since 2020 per layoffs.fyi?
