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A comment on Gitlab to lay off 7% of staff. Parent comment

Re:Gitlab to lay off 7% of staff by whatever1 on Thursday February 09, 2023 @05:41PM (#34732744)
Because for FAANG to invest resources in a program, they need to make sure that it will return hundreds of millions of dollars. Don’t forget that every year they need to show to the shareholders that they grow with double digits, and for FAANG this means billions of dollars in extra revenue.

So a lot of time is spent evaluating a program in stead of just doing the program.

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Re:Gitlab to lay off 7% of staff by thwayunion on Thursday February 09, 2023 @05:44PM (#34732792)
This as well. Things that make for fantastic lifestyle businesses -- a few people doing mid-seven revenue with minimal compute expenses -- just isn't worth it for a FAANG spending an order of magnitude more than that per hour just on one guy's compensation package.
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