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They, like all companies, were hiring speculatively based on growth projections. No growth equals no work for those new people to do. This seems to be the 100%
by aardvarkr 4y ago
They, like all companies, were hiring speculatively based on growth projections. No growth equals no work for those new people to do. This seems to be the 100% logical reaction so I’m not sure where you see the disconnect.
- 2OEH8eoCRo0 4y agoThey did grow. I'm seeing that revenue grew by 7%.
- mathattack 4y agoIt’s all about growth against expectations: how much they expected to grow, and where they expected to grow. The best companies try to offer people shots to apply internally. If they behave too boorishly they will struggle to recruit on the other side.
- asdff 4y agoWhy burn skilled labor that took investment to hire that can instead work on something to generate more money for the company?
- flashgordon 4y agoAren't companies like these supposed to have longer term horizons on projects etc? Wouldn't a glut of talent mean more opportunities to build without distractions?