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There's a global re-alignment from turboinvestments and VC based hiring in the Silicon Valley to real world needed workforce and I bet, salary ranges. We can't
by lordkrandel 4y ago
There's a global re-alignment from turboinvestments and VC based hiring in the Silicon Valley to real world needed workforce and I bet, salary ranges. We can't afford to burn cash in this moment of history. So all companies that relied on infinite growth needs a re-alignment. So until every SV company has cut someone, it won't be done.
But the best number of jobs cut for a company is one, so if you see more, it's either company failure or system failure like in the DOTCOM bust. Once that investors feel their money's not wasted for growth in times of recession, all will be more competitive and more about real problems. It's actually good for the industry, bad for the hires.
- gregjor 4y agoWritten by ChatGPT?
- lordkrandel 4y agoHuh?