And if their value drops, just have your other company bail them out for triple their value and make your company double in value! Woooo!

What the fuck

I actually hated the "journalism" done by CNN here. This one is a little better: https://www.forbes.com/sites/ronshevlin/2026/02/27/block-lays-off-40-of-staff-and-blames-it-on-ai-dont-buy-the-excuse/

Since this time period I've noticed a severe drop in quality from software companies, to the point I have stopped using most products - which in a result drops the companies profits more 😂

Definitely excuse. So many of these companies dramatically over hired during COVID, then after COVID saw a normalization of profits, and a loss because they over hired.

Take block for an example, double or tripled their employees since COVID, but around 2022-2023 their profits fell off hard - they said "AI" is why they're doing cuts. No, they're doing cuts because they're going under

Why did I just open lemmy to this dude posting like 30 post about vaginas and penis

Paid healthcare isn't better, it took me 2 days to get medicine I needed because of "referrals needed"

Now, think of this. We pay 24% federal and some of us pay 9% state tax, meaning people like in California lose 33% instantly and our benefit is.....military? Ambulances cost $1000, hospital visits cost you a soul, or your first born. Yeah, I'd prefer to just pay 40% and have the benefits you have.

Yup, an extremely abused program by them to underpay, and hold them hostage to the company. They could easily hire Americans, especially in the bay, but they chose not to.

Damn, who knew the flip phones from 2005 would make a come back

$55,000 if you donate to your favorite candidate (Republican) of course! /S

It'll cost $55000 in the US and $5 everywhere else