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A comment on A few tech startup CEOs in my country had started saying Elon's methods are fine. Parent comment

Re:A few tech startup CEOs in my country had started saying ... by dboreham on Friday November 18, 2022 @10:22AM (#33655985)
The bloat is deliberate. It comes from investors asking what you as a company manager are doing to put their money to work. One of the things you can do is hire more people, ostensibly to create more stuff to create more income. This lasts until the investors tell you you're being wasteful with their money by employing so many people. This is all that happened in the past couple of months.
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Re:A few tech startup CEOs in my country had started saying ... by Cthulhu_ on Friday November 18, 2022 @10:29AM (#33656098)
I mean you're not wrong; a lot of tech companies have money to burn and nowhere to put it other than hiring more people and doing more engineering work and bets that may or may not end up anywhere. The meme goes that most are in optimizing advertisements and gathering / collating data, anyway.

So while I don't disagree with Twitter downsizing - as the other tech companies have been doing recently - I don't think it was wise to go at it so aggressively, having the effect that there's now a walkout of staff that Twitter absolutely needs to run.

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