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I dont think they intended to have to lay off people. If everyone recalls during the core of the pandemic people really thought that this was the new normal.
by boringg 4y ago
I dont think they intended to have to lay off people. If everyone recalls during the core of the pandemic people really thought that this was the new normal. Im sure they thought that this was a full time step change in demand. I doubt they anticipated a recession (much like most companies). The executives at most companies aren't that smart on long term macros, much more reactionary to immediate needs
- hw 4y agoI doubt anyone would do it differently if put in Tobi’s place. If you see a bump in demand and growth for your product, do you just wave it off and hope the existing team can handle the increase stress on infrastructure, product needs, customer support, sales, etc? Why not capitalize on it while you can, and if it doesnt pan out just reverse course and fire fast.
- zht 4y agoI mean this is fine if you just abstract away those people being fired as resources without feelings, bills, families, or opportunity cost…
- boringg 4y agoI mean alternatively they wouldn't have had those jobs and i think the team hired on hope of sustained growth. If we always hired on expectations of layoffs (which i believe were incredibly generous from news reports) your current staff would be be beyond burnt out. Damned if you do damned if you don't situation.