I've seen this ! My fav-no-useful positions I've seen filled was a "Business-Analysis" and "UX-Expert(basically a graphics artist)". The B.A spend his days drawing the most useless and not even pretty diagrams of how the "new business" which never arrived was going to work and integrate with our current systems(which he had no clue how they worked or what their limitations were). Lol those graphs and diagrams had more fantasy in them than all of the LOTR combined. Once we got to retrenchments he was the first to go and the loudest to protest of the unfairness !

Sounds like WeWork...

1600 employees. Billions raised. Big hype, but what actually shipped is similar to a three-year-old Hololens.

Do you have any specifics? Who were the friends-and-family hires at Magic Leap?