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Nearly 25,000 tech workers were laid off in the first weeks of 2024. Why is that? (www.npr.org)

submitted 9 months ago by L4s@lemmy.world to c/technology@lemmy.world

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Nearly 25,000 tech workers were laid off in the first weeks of 2024. Why is that?::undefined

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[–] nivenkos@lemmy.world 3 points 9 months ago

Unions can't stop layoffs - at best they can just change the order in which employees are laid off (First-in Last-out / seniority), I guess the process might make the company reconsider, but there's no direct intervention.

I'm a member of a union and went through layoffs.

I think it'd only change if unions had power on the board / guaranteed share ownership, etc. as is the case in Germany (board representation with workers' councils) and was proposed but rejected in Sweden (share ownership).