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> just screwed up and over-hired what's weird to me is that this is happening at all kinds of companies, including ones with what I thought was pretty level-he
by twelve40 4y ago
> just screwed up and over-hired
what's weird to me is that this is happening at all kinds of companies, including ones with what I thought was pretty level-headed management. It's not just one company oops screwed up and over-hired, and "tech" is not really a monolith. Yet, they somehow all simultaneously screwed up and over-hired?
- BaseballPhysics 4y agoThis is the social contagion part of the theory. The idea is that many--especially very high profile companies--overhired, and the rest are following the leader. Stir in media hysteria around purported recessions and you can understand why leadership might start to pull the reins.