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That doesn't follow. Laying off people is an admission that they hired more people than they need, that's it. It's like saying "wow Red Cross, why not just inv
by phailhaus 4y ago
That doesn't follow. Laying off people is an admission that they hired more people than they need, that's it.
It's like saying "wow Red Cross, why not just invest in your own employees before you talk about improving other people's lives????"
- rcme 4y ago> That doesn't follow. Laying off people is an admission that they hired more people than they need, that's it. Yes, exactly. Gitlab reached their ability to deploy capital and need to scale back head count. Using your Red Cross example, it's like the Red Cross announcing a new initiative outside of their area of expertise to help people while actively scaling back programs they had in place to help people.
- phailhaus 4y agoYes, and that would be valid if the new initiative is intended to help more people. That should be obvious! GitLab laid off 120 employees. 120 people, that's it. Don't you think that this new initiative is meant to help more than that?
- rcme 4y agoGitlab is a productivity company. People use productivity products because it increases their lifetime earnings, e.g. this product will allow me to do more work and doing more work will allow me to earn more money. The layoffs aren’t just about the 120 employees. The layoffs show that Gitlab is out of ideas about how to make its users more productive. As a company, Gitlab is clearly falling behind GitHub. So this foundation just seems silly.
- phailhaus 4y ago> The layoffs show that Gitlab is out of ideas about how to make its users more productive. I'm not sure you understand what layoffs are...They happen when a company grows their headcount faster than they can monetize it. Layoffs don't mean "zero ideas", they mean "growing slower than their headcount." You can have layoffs but announce new initiatives in the same week.