Technology

59207 readers

2934 users here now

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

Our Rules

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

Approved Bots

founded 1 year ago

MODERATORS

674

YouTube Music team laid off by Google while workers testified to Austin City Council about working conditions (www.businessinsider.com)

submitted 8 months ago by L4s@lemmy.world to c/technology@lemmy.world

79 comments fedilink hide all child comments

YouTube Music team laid off by Google while workers testified to Austin City Council about working conditions::Some workers learned of the YouTube Music layoffs while testifying to the Austin city council about Google's refusal to negotiate with the union.

you are viewing a single comment's thread
view the rest of the comments

[–] MeepsTheBard@lemmy.blahaj.zone 8 points 8 months ago

The people making the big decisions aren't the ones working. They're the ones put in charge to make money for investors, who want monthly returns. Not "here's what will get us 1XX% growth in 6-8 years," but now.

And you'd think this would only be the case with public companies, but private equity is gobbling up quality companies and milking them dry by cutting costs and abusing their brand's good name. People want returns on their investments QUICK these days.