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I mean .. you are correct to do so when adding 1 or 3 employees, and basically completely wrong at the scale of hires we're talking about. For example this is
by kthejoker2 4y ago
I mean .. you are correct to do so when adding 1 or 3 employees, and basically completely wrong at the scale of hires we're talking about.
For example this is how every tech "body shop" hires. The value is just out there in the ether of modern enterprise.
Bring in 20% more people year over year. Keep attrition rate for them and existing hires around 10%. Go knock hat in hand at every Fortune 1000 company and wrangle whatever buzzwords Gartner has thrown at them into a project or managed service you can slip as many billable hours as possible into.
It's the same with Meta, they can try literally about anything so when GPT or crypto or Web3 or AR or whatever comes along they just want to be able to throw a bunch of people at it to figure out how to socialize, advertise, and monetize it at massive scale.