> Seems like just freezing hiring for a year or two would save you more money in the long run rather than having to rehire and rebuild all this expertise. It t

> Seems like just freezing hiring for a year or two would save you more money in the long run rather than having to rehire and rebuild all this expertise. It took Google 6 years from 2012 to double headcount. In that time, revenue went from $50B to $136B (almost triple). Profit from $10.7B to $30.7B (triple). In 4 years from 2018 to 2022, Google more than doubled headcount. In that time, revenue went from $136B to $279B (barely double). Profit from $30.7B to $50.9B (only up 65%). Almost all these companies have similar stories. They're still good companies. They just hired way too many people thinking that the pandemic trend would continue for a long period of time - rather than revert to the mean. If Google continue to grow at it's more long-term average rate - without the layoffs, you're looking at being overstaffed for years. Why?