2 ms·
If you push systems to failure by squeezing workers, continually rolling layoffs, and disregarding quality (because consumers are sticky and will put up with a
by toomuchtodo 5mo ago
If you push systems to failure by squeezing workers, continually rolling layoffs, and disregarding quality (because consumers are sticky and will put up with a lot, especially if there are no other options), systems eventually fail. Money is expensive now [1], labor supply will decline into the future [2], its a fight for profits and growth versus labor in an unfavorable macro. "Productivity."
(also seeing similar failures, both as a consumer and inside clients pushing their organizations as systems to failure, "how few people or inexpensive talent can we operate this business with?")
[1] https://fred.stlouisfed.org/series/FEDFUNDS https://fred.stlouisfed.org/series/FEDFUNDS
[2] https://news.ycombinator.com/item?id=47680794 https://news.ycombinator.com/item?id=47680794 (citations)