So is this officially a trend now? Just drown the bad news in a massive pool of other bad news about other companies? Good time to soften the blow of bad PR?
It doesn't cause too much attention when you lay off 10-15% of your workforce despite profits if 20 other big name companies are doing it as well.
I mean, it makes sense. The issue here is knowing when you have to do it. This news will get under the rug right away because people are paying attention to more "important" news like chatGPT, the state or the union, other companies laying off people, etc...
I mean, this is the perfect time to lay off people from a PR perspective. You'll see that by tomorrow morning, the public will be still talking about something else, prob. how google lost 100 billions in market value, Lebron breaking the all-time scoring record, etc...
It doesn't cause too much attention when you lay off 10-15% of your workforce despite profits if 20 other big name companies are doing it as well.