Comment by themafia

> covid era over-hiring

That's a generous excuse. To me it looks like they're just trying to depress wages across the board. Given that _several_ rounds of layoffs have occured since then, this 6 year old excuse rings particularly hollow.

> investors by showing they're embracing the hip new technologies

I thought investors cared about returns.

> to become a more streamlined and cost-efficient operation than ever.

And a completely uncompetetive one as well. "We're using the same whizz bang technology that any idiot in their bedroom can use!"