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A comment on Stripe Layoff 14% of Workforce. Parent comment

Re:Stripe Layoff 14% of Workforce by Barrin92 on Thursday November 03, 2022 @10:28AM (#33451522)
preparing for an eventual end to the free money rally instead of over-hiring isn't exactly something I'd consider to fall into the realm of psychic abilities.

is "we're a fast growing business but this cannot last indefinitely, let's not overexpand" ´really too much to ask for? It's constantly happening to tech companies because of their internal fantasies.

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Re:Stripe Layoff 14% of Workforce by ericb on Thursday November 03, 2022 @10:32AM (#33451581)
If they under-expand, people will similarly complain when their stock languishes compared to other stocks and the board will replace them with someone telling a growth story. The only thing the stock market rewards is growth, so is it really their fantasy?
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Re:Stripe Layoff 14% of Workforce by candiddevmike on Thursday November 03, 2022 @10:41AM (#33451728)
In this case, stripe is private, so their stock performance is mostly moot.
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Re:Stripe Layoff 14% of Workforce by dehrmann on Thursday November 03, 2022 @11:57AM (#33453036)
I'm not convinced free money is as much of an issue as large consumer demand shifts after covid. Inflation-adjusted, money is still free.
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