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Some of these companies grew like 30-50% during COVID and now people are having temper tantrums about 5-10% layoffs? Get a grip.
by steveBK123 4y ago
Some of these companies grew like 30-50% during COVID and now people are having temper tantrums about 5-10% layoffs? Get a grip.
- deleted 4y ago[deleted]
- steveBK123 4y agoAlso, can go work at NSA! https://www.nextgov.com/cxo-briefing/2023/02/nsa-bills-itself-soft-landing-place-laid-tech-workers/382636/ https://www.nextgov.com/cxo-briefing/2023/02/nsa-bills-itsel...
- qaz_plm 4y agoEasy to type behind a keyboard not facing that 5-10%. Sleep well.
- steveBK123 4y agoIn the hypothetical alternate universe where the CEOs hired +25% instead of +30% over 2 years and then -5% cut after, would everyone somehow be better off? I dunno. It's doubtful CEOs saw the end of ZIRP (the driver of this crazy growth) coming, given that nearly 0 people in the industry on this board did, etc. The forces that lead to the "everything bubble" including overhiring, and the subsequent pop & cooling are much larger than any one CEO or even industry. Everyone wants so malign actor to be responsible when bad things happen, but systems are more complicated than that.