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> Large corporations are insane. Every small and medium company would wait to do layoffs until it threatened the business. Some even until after that point Thi
by abstractmath 4y ago
> Large corporations are insane. Every small and medium company would wait to do layoffs until it threatened the business. Some even until after that point
This is super idealized. How many layoffs have been going on in startup land recently?
- skrebbel 4y agoYou mean teeny tiny cutesy startups like Stripe and Twilio?
- abstractmath 4y agoLook at the companies on http://layoffs.fyi http://layoffs.fyi Lots of small and medium sized companies, and I know for some that it was not their last move before going under. We had a hiring boom driven by cheap money, which is now ending. Now we get the inverse. Has nothing to do with insane large corps and saintly SMBs.
- tomtheelder 4y agoWhile I agree it's very idealized, a lot of those startups probably are legitimately financially threatened in the immediate term in a way that Meta most certainly isn't.
- roflyear 4y agoIt is absolutely idealized.