this post was submitted on 13 Feb 2024
50 points (98.1% liked)

Technology

58061 readers
31 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots


founded 1 year ago
MODERATORS
 

Paramount Global Laying Off 800 Employees as CEO Bakish Cites Need to Trim Costs::Paramount Global, amid a swirl of M&A discussions, is laying off about 800 employees worldwide as it looks to trim costs.

top 9 comments
sorted by: hot top controversial new old
[–] [email protected] 30 points 7 months ago (1 children)

Trim costs to give himself and stockholders more money FIFY

[–] [email protected] 8 points 7 months ago* (last edited 7 months ago) (1 children)

Costs almost always means peoples’ jobs. Stockholders are almost always rich. So the title is really “Takes away peoples’ livelihoods to make rich people more money.”

But if we just cut taxes for the rich, they’ll create more jobs. It’ll trickle down eventually, right? Right?

Workers are also the ones creating value for the company. This is like cutting off your leg so you can say you lost weight.

[–] [email protected] 2 points 7 months ago

This is like cutting off your leg so you can say you lost weight.

Don't forget it saves you 50% time of putting your pants on in the morning! - Some CEO probably

[–] [email protected] 13 points 7 months ago

It should be illegal to fire workers to trim costs when your packages make you a multimillionaire.

[–] [email protected] 8 points 7 months ago

He should trim down himself first and then his salary as well.

[–] [email protected] 6 points 7 months ago (1 children)
[–] [email protected] 2 points 7 months ago

That's one fat meal

[–] [email protected] 5 points 7 months ago

Sounds like they need to trim the CEO

[–] [email protected] 2 points 7 months ago

It's a good thing we haven't Raised Wages or Taxed the Rich! Otherwise they might Lay People Off!