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Kettle It has been a bad week for thousands of tech workers this week, with a couple of corporations announcing that headcount reduction will continue for the time being.
Around 50 p.c of Bandcamp have been let crawl by Epic ahead of the station’s sale to Songtradr, Stack Overflow carve headcount by 28%, and LinkedIn confirmed around 700 folks – largely engineers – the door despite Microsoft making very healthy profits. Meanwhile, Nokia slashed its worker numbers by 14,000 after profits slumped and Qualcomm let 1,000 folks crawl last week.
As lengthy as there have been jobs there have been layoffs. While the jam will always be with us the last few years have viewed these rounds of redundancies increase in measurement and frequency.
So, as a effectively timed matter and one shut to readers’ hearts, in this week’s Kettle we ask why the layoffs defend happening. Is it put up-COVID belt tightening, corporate greed, the demands of Wall Road, or even AI coming to take over certain job kinds? You can search for Register journalists who quilt these stories in the dialogue below.
From clockwise from the prime left in the thumbnail, we have journos Brandon Vigliarolo, Tobias Mann, Jessica Hardcastle, and Iain Thomson. The Kettle producer is Nicole Hemsoth Prickett. ®
