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In that environment you hire. When the capital dries up and interest rises you lay off. This sort of MBA-logic, algorithmic approach to business is why America

In that environment you hire. When the capital dries up and interest rises you lay off. This sort of MBA-logic, algorithmic approach to business is why American corporate life is so terrible. Let's see some vision and leadership for a change. Instead, we get endless cycles of resume-padding for management and scapegoating for the people creating the business value.

bhhaskin 4y ago
It's pretty simple math. Vision and leadership doesn't alter the reality. If there was a better way to do things companies would be doing it.
- Pulcinella 4y ago
  If it’s simple math then why hasn’t e.g. Apple mass fired people?
  - bhhaskin 4y ago
    They have been laying people off. Just slowly and have managed to keep it out of the news. Lots of contractors.
  - lastofthemojito 4y ago
    This has been discussed a ton. They didn't grow as quickly (overhire) over the past few years as many of the other tech companies. See: https://daringfireball.net/linked/2023/01/22/apple-avoiding-layoffs https://daringfireball.net/linked/2023/01/22/apple-avoiding-... https://fortune.com/2023/02/10/apple-avoided-tech-layoff-rush-google-amazon-key-decision-hiring/ https://fortune.com/2023/02/10/apple-avoided-tech-layoff-rus... https://www.forbes.com/sites/jackkelly/2023/01/27/how-apple-has-steered-clear-of-layoffs-amidst-big-tech-job-cuts/?sh=32cd1d2eba96 https://www.forbes.com/sites/jackkelly/2023/01/27/how-apple-... https://www.cnbc.com/2023/01/18/apple-had-slower-headcount-growth-than-tech-peers-no-layoffs-yet.html https://www.cnbc.com/2023/01/18/apple-had-slower-headcount-g... ...
    - juve1996 4y ago
      Which really illustrates the point - smart, sustainable business model, vs the pump and dump.
- akersten 4y ago
  > If there was a better way to do things companies would be doing it. One economist says to the other, "look, there's $20 on the ground!" The first replies, "nonsense, if there were, someone would have picked it up already!"
- runesofdoom 4y ago
  >If there was a better way to do things companies would be doing it. Only if it involved short-term profit for those making the decisions on how to do it. Which is the problem in the first place.

bhhaskin 4y ago

It's pretty simple math. Vision and leadership doesn't alter the reality. If there was a better way to do things companies would be doing it.

Pulcinella 4y ago
If it’s simple math then why hasn’t e.g. Apple mass fired people?
- bhhaskin 4y ago
  They have been laying people off. Just slowly and have managed to keep it out of the news. Lots of contractors.
- lastofthemojito 4y ago
  This has been discussed a ton. They didn't grow as quickly (overhire) over the past few years as many of the other tech companies. See: https://daringfireball.net/linked/2023/01/22/apple-avoiding-layoffs https://daringfireball.net/linked/2023/01/22/apple-avoiding-... https://fortune.com/2023/02/10/apple-avoided-tech-layoff-rush-google-amazon-key-decision-hiring/ https://fortune.com/2023/02/10/apple-avoided-tech-layoff-rus... https://www.forbes.com/sites/jackkelly/2023/01/27/how-apple-has-steered-clear-of-layoffs-amidst-big-tech-job-cuts/?sh=32cd1d2eba96 https://www.forbes.com/sites/jackkelly/2023/01/27/how-apple-... https://www.cnbc.com/2023/01/18/apple-had-slower-headcount-growth-than-tech-peers-no-layoffs-yet.html https://www.cnbc.com/2023/01/18/apple-had-slower-headcount-g... ...
  - juve1996 4y ago
    Which really illustrates the point - smart, sustainable business model, vs the pump and dump.
akersten 4y ago
> If there was a better way to do things companies would be doing it. One economist says to the other, "look, there's $20 on the ground!" The first replies, "nonsense, if there were, someone would have picked it up already!"
runesofdoom 4y ago
>If there was a better way to do things companies would be doing it. Only if it involved short-term profit for those making the decisions on how to do it. Which is the problem in the first place.