Everyone Is Laid OffWhat Now?
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By now, I’m sure you’ve heard of big tech companies clamping down and going through another round of mass layoffs. While these layoffs displace hundreds of thousands of tech workers, with each and every layoff, these tech stocks tend to go up as investors actually tend to appreciate costcutting measures like layoffs. But, while these layoffs may be good for the stock price over the short term, the same cannot be said about the long term. Over time, surviving these layoffs became less of a matter of value and skill and more about how well an individual can play and thrive in corporate politics. This means that over time, the workforce at these companies will be replaced by pencil pushers instead of true innovators. This video explains the problem with vanilla tech CEO logic and constant layoffs and the longterm ramifications of such shortsided thinking.
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Timestamps:
0:00Mass Layoffs
2:03Vanilla CEOs
6:06What Happens Next
9:55The Inevitable End
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Logically Answered is centered around explaining the economics of tech and social media. These sectors are generally analyzed through the lenses of finance and economics to determine which industries and companies will thrive and which will fall. In addition to this analysis, the content is often focused on the stories of various famous entrepreneurs such as Elon Musk, Steve Jobs, and Jeff Bezos. Logically Answered also cover the rise and fall of several interesting companies and services that we come across on a daytoday basis. There have been so many companies that have risen to fame and then died out in a single generation. The most interesting companies are the ones that were able to save themselves and avoid bankruptcy. Feel free to follow the podcast if you would like to see any of these topics Logically Answered.
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Disclaimer: This podcast is an independently created audio adaptation of content originally published by Logically Answered. This is a fan made podcast that appreciates the channel’s insightful approach to knowledge and aims to make it accessible to those who prefer listening over watching. This podcast is not affiliated with, endorsed by, or officially connected to Logically Answered in any way. All rights to the original content belong to Logically Answered. If you have any concerns, please reach out.
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