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by ramesh31
883 days ago
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> This is the first one where I've noticed that they have X amount of days to find another job in the company. I wonder how that works and what percentage of the 100 will actually not end up laid off. A lot of this going on right now. Business is strong and companies don't necessarily want to let top talent go, but they simply can't afford the R&D expenditures anymore; it's all going to interest payments. |
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“simply choose not to afford” is more correct here. YouTube is in no danger of shuttering due to lack of revenue and financial support from the corporate entity that operates it. Instead, that entity is choosing to weaken YouTube by layoffs, rather than accept a decrease in net revenue after expenses. This may or may not stem from US taxation changes, but it is regardless critical to distinguish between cannot (e.g. “the business will collapse from debt if we don’t layoff workers”), versus, will not (e.g. “profitable business chooses to layoff x% workers rather than reduce profits x% due to tax law change”), when considering these tech layoffs. YouTube is not under threat of collapse due to lack of funding, so the latter applies.