Hacker News new | ask | show | jobs
by ironlake 895 days ago
I think many companies are anticipating a significant downturn in the economy and are trying to get ahead of it. Layoffs help stock prices almost immediately and management get bonuses for increasing the bottom line.

Workers are defenseless. Save your money in case you're laid off. Work less if they keep you on.

Let management be rewarded by nothing more than short term monetary gain. Don't give them extra productivity.