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I've felt for a while that tech companies have been overhiring. Some, like Google, just to ensure that competitors don't get that talent. Others, like Coinbase,

by spaceman_2020 4y ago

I've felt for a while that tech companies have been overhiring. Some, like Google, just to ensure that competitors don't get that talent. Others, like Coinbase, just to add an extra point to their pitch deck.

sangnoir 4y ago
> Some, like Google, just to ensure that competitors don't get that talent. This meme never made sense to me. How big is Google compared to it's competitors? Even if we narrow the scope down to the top 5% of talent - Google jas plenty of competition there. At best, Google can hang onto employees for a few years: not a great strategy for competing when employee churn is high. If Google really wanted to hoard talent, they'd ensure current employees earn as much as new hires.
- saagarjha 4y ago
  Google is probably larger than most of its competitors by headcount.
  - sangnoir 4y ago
    My working assumption on the theory is that Google is keeping talent from all companies, not specific ones. So the correct analysis would be the headcount at Google vs everyone else.