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Re:Ask HN: Where are laid off employees gathering? by ChuckNorris89 on Monday February 20, 2023 @01:49PM (#34871350)
>economic advantage of being a huge multinational corporation

I just left a huge multinational corporation that despite its economic power was wasting millions/billions and not achieving anything in the tech space due to huge mismanagement, as everyone at the top was completely clueless but well connected and good at bullshitting and too busy fighting private wars just so they can climb the corporate ladder to coast for massive paychecks. Basically very wealthy crabs in a bucket.

Money and talent aren't everything. You also need competent leadership who can steer the ship in the right direction and are motivated to bring value to the company not just to themselves.

Re:Ask HN: Where are laid off employees gathering? by JohnFen on Monday February 20, 2023 @01:52PM (#34871382)
Right. That sort of thing is why I don't think their advantage is the number of engineers or innovation/talent.