this post was submitted on 06 Sep 2023
109 points (83.9% liked)

Technology

34815 readers
61 users here now

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.


Ask in DM before posting product reviews or ads. All such posts otherwise are subject to removal.


Rules:

1: All Lemmy rules apply

2: Do not post low effort posts

3: NEVER post naziped*gore stuff

4: Always post article URLs or their archived version URLs as sources, NOT screenshots. Help the blind users.

5: personal rants of Big Tech CEOs like Elon Musk are unwelcome (does not include posts about their companies affecting wide range of people)

6: no advertisement posts unless verified as legitimate and non-exploitative/non-consumerist

7: crypto related posts, unless essential, are disallowed

founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 8 points 1 year ago

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.