What is this bullshit where they changed the tax code so you can't write off software engineers on your corporation tax now :comfyglare:
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@icedquinn Is this the true reason for the layoffs?

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@xianc78 someone was suggesting it may be, yes. i know the IRS did something like this years ago by making it so you can't float holiday pay an that's why every country in the USA simultaneously abolished rolling over vacation days

@icedquinn I keep on hearing that it had something to do with companies "over-hiring" during the lockdowns and now that it is over, they are laying them off and these people are taking all the junior positions.

@xianc78 i don't understand the 'over hiring' argument. is that saying people who's sole purpose is to maximize their bank account pity hired people during a manufactured recession?

@icedquinn My guess was that too many people were relying on Internet infrastructure (for remote-work and shopping online) so they needed more programmers and server maintainers. I mean things like deliver apps such as DoorDash and InstaCart surged during the scamdemic when they were previously non-existent.

@xianc78 i would be willing to believe that if it wasn't preceded by stock buybacks.
@xianc78 its always uh. interesting, when a company crows about how it has to make "tough decisions" to fire all of the workers. five minutes after they just spent half the company's revenue underwriting. :blobcatanime:
@icedquinn @xianc78 I sure do like my *checks notes* 2.75 vacation days I can't roll over
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