It’s a little more nuanced, “we were drunk on cheap money and over hired, just like everyone else with the belief growth would continue” As interest rates plum

It’s a little more nuanced, “we were drunk on cheap money and over hired, just like everyone else with the belief growth would continue” As interest rates plummeted to 0% and monetary policy pushed lots of money into the economy, companies had easy access to capital, and demand for products and services surged. Organizations hired aggressively to meet market demand and the war for talent reached a fever pitch. The result, for Lattice, was that growth skyrocketed. Which is a reasonable thing to do, it probably takes 6 months to a year to get many employees up to full potential. So over hiring during growth makes sense, if you under hire, you’ll never catch up.