What this sounds like: 1) let's hire like mad, make every graduate engineer do the dance, and suck up every talent that might appear, and raise comp so high th

What this sounds like: 1) let's hire like mad, make every graduate engineer do the dance, and suck up every talent that might appear, and raise comp so high that no one can hire. Also acquihire like crazy, take it all in! Hey, now it's strange how we haven't had serious competition for years. 2) now that times are getting hard, let's say that the people we're dumping on the market are deadweights, bad contributors, lazy. Don't hire them, they're the worst, they dragged us down! I thought they hired only the best! Weeks of interviews! I'm sad for the people getting canned soon. I hope they got some money away. And that they're ready to accept -50% because I don't think there's a market for all the people Google and Facebook are preparing to get rid of, at faang comp. We'll see but this all seems very unethical, from two unethical companies. Good luck everyone.