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Headcount isn't going down because the layoffs aren't principaled actions to "right-size" companies, but rather convenient buttons pushed to make numbers look b
by AlotOfReading 3y ago
Headcount isn't going down because the layoffs aren't principaled actions to "right-size" companies, but rather convenient buttons pushed to make numbers look better. The underlying causes of headcount growth are never meaningfully addressed afterwards, so any losses are quickly grown back after a token hiring freeze.
- deprecative 3y agoPump the numbers and hire new scrubs in the next quarter for less than what the previous person was making. Do it industry wide and you reset baseline pay which drives profit up further.