The reality is, its only impact has been as a cover story to conceal jobs that were already going to be cut.
It’s patently ridiculous how many people in positions of authority have parroted talking points about this and laughable how many journalists and publications have uncritically reported those talking points as if they have merit.
irotsoma@piefed.blahaj.zone 6 hours ago
It’s been used as an excuse to lay off people, but not the real reason. They were looking at ways to short term boost stock prices since stock buy backs caused their stock prices to increase, but that boost is fading, they needed another artificial boost to profit to maintain those stock prices.