Dajia Picks

In short, companies that were already profitable saw their net income grow, while those that weren’t started making money too. After laying off staff, they cut costs significantly and turned a profit.

Cost-cutting pays off: Internet giants’ impressive financial reports driven by savings | DeepWeb

The key difference is whether you own the means of production. Anyone who doesn't is a worker (for example, if you work at Tencent but don't hold stock options, and leave with nothing, you're a platform worker who doesn't own the means of production).

So the only thing that can truly change social class is heritable productive assets—namely, a business.

Can Platform Economies Still Make Young People Rich?