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Any Board which supports management hollowing out future profits by either firing, or not hiring junior staff deserves to have their bonus rescinded. Think lik
by ggm 1y ago
Any Board which supports management hollowing out future profits by either firing, or not hiring junior staff deserves to have their bonus rescinded.
Think like a forestry investor, not a cash crop next season.
- joshdavham 1y agoIt's going to be extremely interesting to see what the field of software dev will look like in a few years given how few juniors are getting hired recently.
- rsynnott 1y agoSame as a few years after the dot com crash and after the financial crisis (assuming that this is a real phenomenon; I’m not currently convinced); a critical skills shortage. (This isn’t unique to IT; this cyclical underinvest-shortage-panic pattern happens in a lot of industries.)
- camillomiller 1y agoCorporate incentives are usually not pushing in this direction.
- ggm 1y agoThen why are so many corporations reducing staff citing ai?
- ares623 1y agoStonks go up
- camillomiller 1y agoReread the main comment and then mine.
- ggm 1y agoExcept its being applied in sectors like law and commerce and is unrelated to specific economic conditions, much as the 10% across the board IT firing was unrelated to specific economic conditions. I'd say some of it may be the economy but I also think some of it Isn't.