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☮ ♥ ♬ 🧑‍💻The technology white collar eradication continues. Since 2022 where <a href="https://ioc.exchange/tags/TCI" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#TCI</a> Fundie <a href="https://ioc.exchange/tags/ChristopherHohn" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#ChristopherHohn</a>* decided he needed a pay rise, one way was to demand <a href="https://ioc.exchange/tags/google" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#google</a> loose it’s “over paid” <a href="https://ioc.exchange/tags/Engineers" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Engineers</a>. Big Tech has followed by stripping workers and looking at <a href="https://ioc.exchange/tags/AI" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#AI</a> as a replacement,It’s 2025 and…“Meta's plan to erase 5% of workforce starts today” <<a href="https://www.theregister.com/2025/02/10/meta_to_toss_5_of/" rel="nofollow noopener noreferrer" translate="no" target="_blank">https://www.theregister.com/2025/02/10/meta_to_toss_5_of/</a>>VS “Binned off staff, slashed stock options. What's next? Ah yes, bigger C-suite bonuses (Meta/Facebook)”<a href="https://ioc.exchange/tags/WhiteCollar" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#WhiteCollar</a> / <a href="https://ioc.exchange/tags/tech" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#tech</a> / <a href="https://ioc.exchange/tags/tehc" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#tehc</a> / <a href="https://ioc.exchange/tags/pay" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#pay</a> / <a href="https://ioc.exchange/tags/conditions" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#conditions</a> <<a href="https://theregister.com/2025/02/22/meta_pumps_executive_bonuses/" rel="nofollow noopener noreferrer" translate="no" target="_blank">https://theregister.com/2025/02/22/meta_pumps_executive_bonuses/</a>> * <<a href="https://www.forbes.com/sites/jonathanponciano/2022/11/15/billionaire-hedge-fund-investor-urges-alphabet-to-cut-costs-no-justification-for-salaries-that-are-too-high/" rel="nofollow noopener noreferrer" translate="no" target="_blank">https://www.forbes.com/sites/jonathanponciano/2022/11/15/billionaire-hedge-fund-investor-urges-alphabet-to-cut-costs-no-justification-for-salaries-that-are-too-high/</a>>

☮ ♥ ♬ 🧑‍💻<a href="https://mastodon.social/@mhoye" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@mhoye</a> “Major wall st fund managers and stock holders started putting together a plan to put pressure on the wage and RSU growth.”TCI via Christopher Hohn. When I read this on FT in Nov. ‘22 at the time ChatGTP was released it to me, was the trigger point for mass layoffs.“<a href="https://ioc.exchange/tags/TCI" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#TCI</a> Fund Management, the activist hedge fund helmed by U.K. billionaire <a href="https://ioc.exchange/tags/ChristopherHohn" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#ChristopherHohn</a>, touted a massive stake in <a href="https://ioc.exchange/tags/Google" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Google</a> parent <a href="https://ioc.exchange/tags/Alphabet" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Alphabet</a> on Tuesday as he called on the company to cut costs by reducing its head count and paying workers less, becoming the latest high-profile investor slamming the formerly high-flying tech sector amid broader market weakness.”<<a href="https://forbes.com/sites/jonathanponciano/2022/11/15/billionaire-hedge-fund-investor-urges-alphabet-to-cut-costs-no-justification-for-salaries-that-are-too-high/?sh=115dac8e3d97" rel="nofollow noopener noreferrer" translate="no" target="_blank">https://forbes.com/sites/jonathanponciano/2022/11/15/billionaire-hedge-fund-investor-urges-alphabet-to-cut-costs-no-justification-for-salaries-that-are-too-high/?sh=115dac8e3d97</a>>

SM0ONR - Tomas 🇸🇪 🇺🇦Very cool! <a href="https://mastodon.radio/tags/SDC" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#SDC</a> <a href="https://mastodon.radio/tags/skimmer" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#skimmer</a> using <a href="https://mastodon.radio/tags/TCI" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#TCI</a> with <a href="https://mastodon.radio/tags/Thetis" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Thetis</a> - <a href="https://www.youtube.com/watch?v=iQd_E4ffO-w" rel="nofollow noopener noreferrer" translate="no" target="_blank">https://www.youtube.com/watch?v=iQd_E4ffO-w</a><a href="https://mastodon.radio/tags/HamRadio" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#HamRadio</a> <a href="https://mastodon.radio/tags/cw" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#cw</a>

☮ ♥ ♬ 🧑‍💻Late in November 2022 a decision was made to pivot from human innovation and engineering to <a href="https://ioc.exchange/tags/AI" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#AI</a> augmentation with the sole aim of reducing costs. <a href="https://ioc.exchange/tags/TCI" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#TCI</a> Fund Management: “cost base of the business is "too high and that management needs to take aggressive action. The company has too many employees and the cost per employee is too high," *<a href="https://ioc.exchange/tags/ChristopherHohn" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#ChristopherHohn</a> in November ‘22 made that statement € and the matket followed. Sacked engineers from <a href="https://ioc.exchange/tags/tech" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#tech</a> companies through this year will exceed 224,503. ¥That savings is going to AI investment with one of the aims to drive down the cost of technical <a href="https://ioc.exchange/tags/engineering" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#engineering</a> in software, ie: salaries. * <<a href="https://www.theregister.com/2022/11/16/tci_fund_google_cut_costs_waymo_compensation/" rel="nofollow noopener noreferrer" translate="no" target="_blank">https://www.theregister.com/2022/11/16/tci_fund_google_cut_costs_waymo_compensation/</a>> / € <<a href="https://tcifund.com/files/corporateengageement/alphabet/15th%20November%202022.pdf" rel="nofollow noopener noreferrer" translate="no" target="_blank">https://tcifund.com/files/corporateengageement/alphabet/15th%20November%202022.pdf</a>> /¥ <<a href="https://techcrunch.com/2023/09/19/tech-industry-layoffs-2023" rel="nofollow noopener noreferrer" translate="no" target="_blank">https://techcrunch.com/2023/09/19/tech-industry-layoffs-2023</a>>

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