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"No use or purpose or justification" is extreme. What was the justification for hiring in the first place? "strategic reasons" in a non-answer. If there was no
by ttymck 3y ago
"No use or purpose or justification" is extreme. What was the justification for hiring in the first place? "strategic reasons" in a non-answer. If there was no justification for the hiring, then management is incompetent, wouldn't you agree?
- missedthecue 3y agoExample: When seeing a huge uptick in demand beginning to form, management can either ignore it and let competitors who do hire and build out steal their market share, or they can hire and build out and hope the demand sticks. If the demand sticks, the business grows. Everyone wins, customers, shareholders, employees, society. If the demand disappears, there is going to be a lot of slack in the system, employees that have nothing to do or are doing busywork on deadend projects which will never have customers or use cases. A good practical example of this is that a lot of tech companies saw this after COVID. In some sectors of tech, demand turned out to be sticky, in others, it wasn't. Management in 2020 couldn't see the future and know what would work out and what wouldn't. Many hired out and now need to cut back, especially with rates so high and capital so expensive. More often than not, it's much more complicated than "incompetent management". No one has a crystal globe.
- ttymck 3y agoYou've given an example that is not aligned with the incident being discussed. If product hunt is doing so great, what is the strategy change behind these layoffs?
- missedthecue 3y agoIt is simultaneously possible to be "doing great" and "have more employees than projects"