Overstaffed for their current businesses, or overstaffed for the new businesses they are exploring? As an outsider it’s easy to say that tech companies often h

Overstaffed for their current businesses, or overstaffed for the new businesses they are exploring? As an outsider it’s easy to say that tech companies often have too many staff, but internally it’s much easier to see what they’re all doing, and it’s often a lot of exploring new product ideas. That’s an expensive thing to do. Do these companies need to be doing all that R&D? Maybe, maybe not, but as much as you criticise (for example) Meta for Instagram stories, not making those sorts of changes presents a huge business risk of falling into obscurity by not keeping up with the market, or finding and controlling the next generation of technology. I like small companies as much as anyone, but I recognise that for big companies this sort of thing is an existential issue and something that we need to accept and learn to live with. Yes there’s still bloat, but it’s a common bias to see others as bloated/ineffective and see yourself as justified.