>

Because these people are bitter their job sucks and wants tech to fail and try to twist the narrative to be as negative as possible for tech whenever they can.
These are the same people that think everyone at these companies does nothing but goof off all day with massages and coffee etc, but somehow these companies are also making money hand over fist.
I accidentally divulged my PayPal login to a hacker after receiving a phishing email. I reported it to the company, and they refused to help. I can’t log in to my account anymore, so it’s sitting dormant. I wonder how many others are in this boat. >

I am. Tried multiple times to get access to the account, but to no avail. Only method to reach customer support from Finland is by phone, which they don't answer even after holding for an hour. >


PayPal stock closed up 2% Tuesday.

BUT THINK OF THE STOCKHOLDERS >

I like how people assume that only the typical “tech worker” gets fired during these layoffs. These companies hired a bunch of different types of workers during the pandemic online sales boom and now they’re likely readjusting back to “normal” along with safeguarding themselves over recession concerns. It’s not just the software engineers being cut, it’s also a bunch of HR, finance, CS reps, etc. But anytime you hear about a tech company doing layoffs there’s some narrative about tech in decline or something similar for whatever reason, while completely ignoring the unprecedented COVID “boom” for some of these companies that no longer exists now.