Technology
This is the official technology community of Lemmy.ml for all news related to creation and use of technology, and to facilitate civil, meaningful discussion around it.
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5: personal rants of Big Tech CEOs like Elon Musk are unwelcome (does not include posts about their companies affecting wide range of people)
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7: crypto related posts, unless essential, are disallowed
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They don't hate them, they just don't consider them. Production is not at risk, they are. They are losing control and it is worth it to them to lose people to gain back the control. Above all else, even money they want power.
Once you have enough money to meet your needs, all money is is power.
When the US government broke up the oil companies with an antitrust suit the owners were worth more than before because the companies were valued higher individually. It was the best for everyone but the owners wanted power not more money and value. Consolidation hurts everyone.
It's just managers terrified people will realize they have 0 value.
Senior Management make these decisions, if not C suite. They have a lot to do but these decisions come down to not letting business interests falter by dropping commercial rents and not having employees having too much convenience.
Commercial rent is absolutely a huge reason. However, you're missing something. It's an easy way to get rid of a certain percentage of folks. A lot of MBAs, and by extension a lot of the C-Suite, act like employees are perfectly spherical and operate in a vacuum. So if they need to shrink their workforce by X% it doesn't matter which employees leave.
Unfortunately for the employers the high performers are generally (not always) the ones with more options.