2 ms·
The companies themselves were empire-builders. In the absence of profits, wall street had to use other metrics to assess future profitability, and headcount, as
by badpun 3y ago
The companies themselves were empire-builders. In the absence of profits, wall street had to use other metrics to assess future profitability, and headcount, as dumb as it sounds, was one of them.
- cutemonster 3y agoWhat types of companies do you have in mind? I've gotten the impression that some startups hire a bit many people (to impress investors, and friends/peers?), otherwise I haven't heard about that. I'd thought shareholders of public companies, though, care more about revenue and mostly don't know how many employees each company has? (And that primarily middle managers are doing the over-hiring?) If you have a link where I can read more :-)