It really chaps my ass that the media keeps referring to it as "laid off."

They aren't being laid off; they are being mass fired.

These companies aren't hurting because of the economy. Meta is still posting profits; they just aren't growing as fast the do-nothing ownership class would like. They are still throwing tens of billions of dollars away every year to chase some pipe dream of a person who is deeply disliked by basically everybody for being a duplicitous weirdo.

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Laid off also implies no fault of the employees, but that isn't what the actual implication is. How many of us have seen reassurances that it is just the lowest performers being fired? That's not being laid off.

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"Lay off" the executive team for starters.

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It should be abundantly clear to everyone that workers assume all of the risk in enterprise.