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This is interesting because it then is such a sharp U-turn since last Q2. "Keep hiring!" -> "Layoffs!" with very little pause in between?
by majormajor 3y ago
This is interesting because it then is such a sharp U-turn since last Q2. "Keep hiring!" -> "Layoffs!" with very little pause in between?
- samspenc 3y agoYeah pretty much all major tech companies did this exact same U-turn.
- majormajor 3y agoYeah, but seeing the sharpness - compared to "ok let's slow down... ok ... shoot, we probably actually need to trim some headcount" - really highlights the follow-the-herd, here's-a-handy-excuse, done-for-PR nature of them vs actually responding to revenue trends or such.