3 ms·
It’s strange but it was a never ending race to hire, fear of losing anyone, hints of weakness causing talent to quit. With profit king and future growth discoun
by monero-xmr 3y ago
It’s strange but it was a never ending race to hire, fear of losing anyone, hints of weakness causing talent to quit. With profit king and future growth discounted, the leverage labor had has been rapidly eroded.
- dragonwriter 3y agoThat wasn't becauase of a shortage of labor. Yes, hiring happened at high levels because money was cheap, but not because employees were in short supply. If anything, the cheap money caused the hiring caused employees to be in short supply. And, yes, the (for now) end of cheap money for means less hiring based on high-risk, high-reward, long-payoff-window efforts, which were common in tech.