Hiring at peak market is incredibly stupid. If can't reliable predict the future market, hire in down markets and get better people for less money. Some will

Hiring at peak market is incredibly stupid. If can't reliable predict the future market, hire in down markets and get better people for less money. Some will leave in up markets, but tech work is cumulative. The good foundations that skilled people build will serve you well when you can't afford them later. Or you can desperately lower your standards and pay huge TC to the borderline incompetent people you can attract during hot markets, and insult your existing highly skilled employees by paying morons who were just hired more than the people who got you here, and them fire people basically randomly. This what every tech company seems to do.