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What's with all the tech layoffs? (infosec.pub)

submitted 10 months ago by HanDman@infosec.pub to c/asklemmy@lemmy.ml

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Every day there’s more big job cuts at tech and games companies. I’ve not seen anything explaining why they all seam to be at once like this. Is it coincidence or is there something driving all the job cuts?

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[–] Clent@lemmy.world 22 points 10 months ago (1 children)

There are laws around how layoffs have to be communicated. Secret layoffs at large companies aren't a thing.

NDA's occur at the start of employment. When someone is laid off, there is typically a severance that includes a separation agreement, these may have an NDA clause.

The rest of this I agree with. This is being pushed by the shareholders. The scare tactic is an added bonus.

Unionize.

[–] MajorHavoc@programming.dev 9 points 10 months ago* (last edited 10 months ago)

Secret layoffs at large companies aren't a thing.

Yeah. They aren't supposed to be a thing.

I've seen periods when a bunch of colleagues used to work for XYZ, and then didn't, and were real quiet about why they left, and "didn't have any hard feelings". (And remodeled the bathroom the same month they stopped working at XYZ.) So I assumed they got an illegal NDA and a fat goodbye bonus to keep them from questioning it.

I guess I'm technically just making assumptions as deeply cynical person.

Edit: and I imagine the lawyers involved set the whole thing up so it's technically not a secret layoff, by strict legal standards. Smelled like one, though. :)

Edit 2: Could also just have been a company below some legal size cut-off, I suppose.