Why do companies do holiday layoffs?

Image credit: Thinkstock. Op-ed by Steven J. Vaughan-Nichols. Computerworld – December 15, 2023.

What do Twilio, Spotify, and Bending Spoons have in common? They’re all tech companies that laid off employees right before the holidays. Simultaneously, many of those people were going into debt to pay for their holiday gifts. Does anyone see something wrong here? I do. […]

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