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Is this actually a contradiction? Even if you have too many people, that doesn't necessarily imply that you have every person you need for every project. For e
by tombert 3y ago
Is this actually a contradiction? Even if you have too many people, that doesn't necessarily imply that you have every person you need for every project.
For example, the new hotness now is to put "AI-powered" in front of everything, so suppose you decide to pivot your business towards that, so you need to hire some AI/ML scientists. You also have too many software engineers whose only skill is CSS, and you've determined that you don't have enough work for all of them, so you decide to lay half of them. This will lead to the (seemingly) contradictory situation of doing "massive layoffs" while also doing "massive hirings".
Now, this is of course giving a lot more charity than a lot of these companies are entitled to. Companies like Microsoft and Google purposefully overhired in 2021 and 2022 and then laid off tens of thousands of people once interest rates got high again, because apparently their CEOs are so utterly incompetent that they didn't know that economies fluctuate and maybe they shouldn't be put in charge of trillion dollar corporations.
I don't know anything about Flexport, but what I'm trying to say it that it doesn't seem inherently contradictory to me.