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Layoffs don't prove the CEO made a mistake. Understaffing and overstaffing are both errors. A small layoff when the SHTF shows they at least didn't understaff.
by gfodor 4y ago
Layoffs don't prove the CEO made a mistake. Understaffing and overstaffing are both errors. A small layoff when the SHTF shows they at least didn't understaff. If you're a growing startup in ZIRP, understaffing is arguably a bigger error than overstaffing, up to a point.
I have no idea if Confluent overstaffed. I admit I'm surprised to hear they aren't profitable though.
- haspok 4y ago> Layoffs don't prove the CEO made a mistake That is irrelevant, since they are taking full responsibility anyway, right? Just kidding.