That's still a very employer-centric view. If the company reasonably expects a downturn at some point, it should be preparing with right-sized sustainable hiri

That's still a very employer-centric view. If the company reasonably expects a downturn at some point, it should be preparing with right-sized sustainable hiring. It's not "metering investment" but rather "building a sustainable business". Rushing to hire as many people as possible, then firing during a downturn, creates the impression that employees are cannon fodder.