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DAE feel like the real story on that big tech layoff last month was missed?

I read the headline about 10,000 jobs cut, but digging into the company's SEC filing showed they hired 8,000 contractors in India the same quarter... which the news didn't connect at all.
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3 Comments
the_blake
the_blake16d ago
Yeah that's the real story. They're just swapping out expensive jobs for cheap ones. Classic move.
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the_jenny
the_jenny16d ago
So what's the end goal then? Just cut costs forever and hope nobody notices the work getting worse?
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ryan_black
ryan_black16d ago
Just outsourcing with extra steps, what a shock.
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