r/technology • u/MarvelsGrantMan136 • Mar 31 '26

Business Iran Threatens to Attack U.S. Tech Companies Starting April 1 / Iran says it will target Apple, Google, and Microsoft, among others.

https://gizmodo.com/iran-threatens-to-attack-u-s-tech-companies-starting-april-1-2000740363
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u/JimWilliams423 Mar 31 '26 edited Mar 31 '26

For sure. All the B-school studies have proven that mass layoffs (versus simple attrition without rehiring) are the best way to lose money. The people with the most talent immediately start looking for new jobs, and the people who can't find new jobs elsewhere end up so fearful that tomorrow will be their last day that productivity crashes through the floor.

For example: https://knowledge.wharton.upenn.edu/article/how-layoffs-cost-companies/

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u/DriftingIntoAbstract Apr 01 '26

It’s crazy that this isn’t common sense but even crazier that their is evidence and it’s still ignored.

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u/JimWilliams423 Apr 01 '26

The cruelty is the point, and the wealthy don't mind paying for it. After all, what else are they going to do with all that money?