Big Tech is using layoffs to crush worker power
I just don’t buy it. To be clear this is claiming that the CEOs are sitting behind a desk stroking a cat, thinking “now I will crush the labor movement and make all my workers feel less secure”.<p>This is just not a problem that Pichai is facing.<p>Occam’s Razor points to the very simple, non-conspiratorial answer that it really is just stock-price driven (ie market-driven) thinking (one could say “lack of actual strategic thinking”). “The job of Alphabet is to provide solid growth in share price Q on Q for investors, with minimal fluctuations to spook them”, seems a more likely thing for CEOs to be saying, after hearing this from their CFOs.<p>The idea that Google would struggle as hard as it did to meet its aggressive hiring goals over the last few years, then axe strong engineers just to make others scared, really stretches my credulity.