48 ms·
yep when you have billions in the bank, firing good staff is tantamount to an admission either that you have literally no good ideas for how to grow the busines
by zmmmmm 4y ago
yep when you have billions in the bank, firing good staff is tantamount to an admission either that you have literally no good ideas for how to grow the business or that you have a 100% short term view. In either case it ought to be a humliating admission for the leadership of a tech company to make to its investors.
- gtirloni 4y ago> it ought to be a humliating admission for the leadership of a tech company to make to its investors. They usually "take full responsibility and the heavy burden" of doing the layoffs. It's like they are the ones suffering more. It's heart breaking.