

They’re not cutting jobs because their financials are in the shitter
Their financials are not even in the shitter! except insofar as their increased AI capex isn’t delivering returns, so they need to massage the balance sheet by doing rolling layoffs to stop the feral hogs from clamoring and stampeding on the next quarterly earnings call.
i don’t find that name too strange, it’s a post-ironic Online Leftist shibboleth