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yeah, it would be so nice if our industry hadn't over-hired for the last five years on the promise of everlasting ZIRP and trickle-down funding from adtech gian
by rrix2 4y ago
yeah, it would be so nice if our industry hadn't over-hired for the last five years on the promise of everlasting ZIRP and trickle-down funding from adtech giants. alas, here we are.
- renewiltord 4y agoWhy would that be nice? Having over-hired and still doing just fine means that for the period that companies were over-provisioned they were disbursing profits to labour (workers) rather than capital (shareholders).
- gaws 4y ago> Having over-hired and still doing just fine means that for the period that companies were over-provisioned they were disbursing profits to labour (workers) rather than capital (shareholders). Shareholders caught wind of that and are taking corrective action.
- deleted 4y ago[deleted]