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The layoffs I'm not sure they were really mistakes, just business as usual. The issue is they may have permanently shattered the reality distortion around the
by fullshark 4y ago
The layoffs I'm not sure they were really mistakes, just business as usual. The issue is they may have permanently shattered the reality distortion around the tech industry that inspired so many to pursue careers within it: the idea that tech is not traditional business.
However is this really an issue? Some VCs and C-suite members actually are cheering this on, because they think tech companies have grown too bloated and laborers unproductive, and think some fear needs to be instilled. IDK TBD, but mature companies are mature and run this way even if they aren't yet public.
- Ekaros 4y agoWith layoffs there is also question was the hiring the mistake. Which I might consider at some level for it to be. At least some part of the hired cohort.
- P_I_Staker 4y agoYeah theoretically this isn't a bad thing for "the machine". They sucked in a tremendous amount of talent with their net, and will theoretically be able to throw back many of the undesirable fish. And yes, the powers that be have been desperate to make a statement since they lost a tiny amount of power.