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A comment on Tech Layoffs Are Feeding a New Startup Surge. Parent comment

Re:Tech Layoffs Are Feeding a New Startup Surge by deelowe on Thursday February 23, 2023 @01:32PM (#34914498)
> Do these companies not expect to grow in the future?

Yes and wages were outpacing that growth, so as soon as someone took the first step, all the big tech companies piled on in short order. And, low and beyond, offers appear to be down right now. Mission accomplished?

[ Parent | on HN ]
Re:Tech Layoffs Are Feeding a New Startup Surge by dmix on Thursday February 23, 2023 @01:37PM (#34914553)
On hiring outpaced need for employees or ROI

COVID era was a hiring boom. Most of the companies I saw doing layoffs still have significantly larger employment numbers than pre-COVID.

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