1·7 months ago- Tech company gets acquired by massive company for a ridiculous sum of money
- Site never really generated much revenue
- Parent company demands cuts
- lays off workers, ahem sorry, removes redundant positions
- re-org
- gets rid of physical assets by moving to the cloud claiming savings despite it almost always being more expensive and worse than running your own.
- lay off more employees claiming move to the cloud behind schedule and over budget
- blame the economy
- probably something with AI
- hire a more ‘global workforce’
- re-org
- RTO mandate to make the highest paid employees leave after they trained their replacements overseas
- voluntary severance package
- another round of layoffs
- re-org
- quarterly report showing highest profits in company history
- worst compensation bumps in company history