5 ms·

Wonder why the waited until after the layoff train was over.

• amsterdorn 3y ago
  Evidently the train is still running.
• paulddraper 3y ago
  It's over?
  • sarchertech 3y ago
    Myself and several of my friends have gotten offers in the last month or so. Also recruiter spam has picked up pretty heavily. I’ve also read in a few places that hiring is picking up.
    • paulddraper 3y ago
      In my network Lucidchart just had a layoff this week. And Qualtrics is rumored to have one soon.
• manicennui 3y ago
  End of year numbers probably.
  • huslage 3y ago
    They aren't public
    • voisin 3y ago
      They still have investors
      • spywaregorilla 3y ago
        Not with a controlling share
• IKantRead 3y ago
  Did tech fundamentals suddenly get sane or did the layoff train just stop at the AI hype station? While I do believe AI (imho shorthand for LLMs and Diffusion models) has a lot of potential, it's main function has been to reignite irrational exuberance in the tech industry. I work in this is space and I'm very curious how long the mania can hold out, and even more curious what the consequences will be for the people seriously working on AI when it dies down. Layoff didn't stop because a correction had finally concluded, but because investors snorted another line of hype and were happy to throw their money around again and pretend everything is fine. The come down from this, I suspect, will be pretty rough (but hey, if I'm wrong it's great for me).
  • sarchertech 3y ago
    That’s just the boom bust cycle in general. It constantly moves from one boom to another. You could look back after any market downturn leveled off and lament that it’s surely doing to happen again. And of course it will.