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It is crazy that they are still blaming "pandemic era overhiring".
by lateforwork 1y ago
It is crazy that they are still blaming "pandemic era overhiring".
- toomuchtodo 1y agoThe corp speak is free when their is no exec accountability. The beatings will continue till the stock performance improves.
- belter 1y agoYes. Next earnings release is October 30, 2025 and this is to allow them to hit the numbers. Is going to be lovely to see how they spin this as AI optimization ....
- JCM9 1y agoThat’s PR speak for “our leadership has messed up big time and this was the most convenient excuse we could come up with that doesn’t just throw our C-suite in front of the bus.” Earnings call is this week. Expect some good tap dancing.
- myth_drannon 1y agoAnd they perviously laid off 27K in 2022 because of "pandemic overhiring". I wouldn't be surprised if in a decade from now they will still be laying off because of the "pandemic overhiring"
- saos 1y agoYeah I had to double taking reading that
- valcker 1y agoIf the stats don't lie, they hired ~500k employees in 2020 alone, and nearly doubled their workforce between 2019 and 2021...