As someone who is friends with a couple business side VPs at big tech companies still making billions in profits I offer this quote from 8 years ago from a top 3 capitilization in their industry over a beer..."We did thousands of layoffs to scare our employees. We make money regrardless of quality or quantity. We have never had layoffs. We can't have people thinking the gravy train is real."They piggy-backed off the former microsoft layoff mentioned. And they have a diabolical business model around subsidiary as tax shelters.I know I like to poke fun at ecominists but they do nail most everything as the scientific measure of human behavior on a global multi-national capitalist and micro scale when we are parts of tribes at scale. Signaling is real and a very powerful tool. It is being used and abused right now.

As someone who is friends with a couple business side VPs at big tech companies still making billions in profits I offer this quote from 8 years ago from a top 3 capitilization in their industry over a beer..."We did thousands of layoffs to scare our employees. We make money regrardless of quality or quantity. We have never had layoffs. We can't have people thinking the gravy train is real."They piggy-backed off the former microsoft layoff mentioned. And they have a diabolical business model around subsidiary as tax shelters.I know I like to poke fun at ecominists but they do nail most everything as the scientific measure of human behavior on a global multi-national capitalist and micro scale when we are parts of tribes at scale. Signaling is real and a very powerful tool. It is being used and abused right now.

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