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

Re:Stripe Layoff 14% of Workforce by pmoriarty on Thursday November 03, 2022 @04:41PM (#33457191)
"Because there are very few competent candidates available in the market"

Just because you're hired for one of those positions doesn't mean you're competent.

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Re:Stripe Layoff 14% of Workforce by RestlessMind on Friday November 04, 2022 @12:40AM (#33462271)
Yes, but that is not possible to know a priori. So people rely on heuristics. And if things go wrong, execs want to make sure that they have a golden parachute.

Do you have an idea to judge exec competence effectively? If so, you can have a very successful company based on that.

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