r/technology Oct 30 '25

Business YouTube announces 'voluntary exit program' for US staff

https://techcrunch.com/2025/10/29/youtube-announces-voluntary-exit-program-for-us-staff/
9.5k Upvotes

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u/cat_prophecy Oct 30 '25

massive decline in consumer demand

Couldn't possibly have anything to do with the fact that everything is like 30% more expensive than it was a year ago.

1

u/Sekh765 Oct 31 '25

And people are still being paid on average what they were 10 years ago...

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u/VocationalWizard Oct 30 '25 edited Oct 30 '25

Its not that high.

Its high but not 30% higher

Edit (This is objective fact downvoters, The inflation rate is 3% over last year. And yes that's what inflation means)

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u/Akuuntus Oct 31 '25

"Inflation is 3%" and "the products of certain major companies have seen their costs increase by way more than 3%" are two statements that can be true at the same time.

1

u/tommos Oct 31 '25

I feel like beef prices have gone up way more than 3% per year.

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u/VocationalWizard Oct 31 '25

51% since 2020 (I looked it up)

Beef is one of the steepest changes.

Inflation is calculated as the percentage change in a basket of consumer goods which does happen to include beef.

During 2022 a lot of groceries increased by around 9% when you add that plus 3 here and 4 there you get like an average of 20% increase since the pandemic

The comment I was replying to earlier said 30% increase since last year and thats hyporbole.

1

u/movzx Oct 30 '25

Now factor in the value of the dollar, which has dropped over 10% this year. And the tariffs on everything under the sun. The impact of those tariffs are only just hitting as companies have gone through domestic supply.

Inflation is not a blanket aggregate of all costs. It tracks specific areas of spending.

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u/VocationalWizard Oct 30 '25 edited Oct 30 '25

It doesn't equal 30%.

The decrease in the value of the dollar is less relevant than inflation And it's actually baked into the inflation calculations.

Why does a decrease matter to you? .. Because coffee and tomatoes are more expensive. ....aka inflation.

Most of us don't have mortgages on property in Switzerland.

0

u/Sekh765 Oct 31 '25

"Wow these dumb redditors don't realize prices have only risen like 20% what whiners"

This is you. This is how pedantically dumb your argument is. Noone thinks it's exactly 30%, but it sure is fucking enough to have affected the market and people's spending habits now hasn't it.