I mean, it feels almost self-evident that you shouldn't hire more people than you need; if you don't need them then that's not an efficient use of resources.

Now, it's possible they hired all these people in anticipation of future needs, which is fair, but it doesn't take a hyper-genius to know that markets fluctuate, particularly after a global pandemic.

So at this point, either Satya Nadella is so stupid that he didn't know that markets tend to fluctuate, or he's gambling with human lives.

> I mean, it feels almost self-evident that you shouldn't hire more people than you need; if you don't need them then that's not an efficient use of resources.

The entire point of a low interest rate economy is that, if you have a bunch of cash, you need to put it into something other than a savings account in order to make anything of it. From that perspective, simply paying engineers to sit and twiddle their thumbs all day has the business advantage of preventing your competitors from moving any faster or to prevent your employees from forming future competitors. It's a complete win win for the companies.

I suppose that’s fair. Maybe Satya isn’t a moron, and is just a sociopath who gambles with humans.

hind sight is 20/20. I'm not saying tech CEOs are psychopaths or anything. IMHO they are just incompetent and not worth the salary they receive which is often 500X the average employee.

In fact they remind me of financial advisors who charge you regardless of whether they make you or lose you money and are all consistently worse than passive investment in the long run.

That's how I feel about these overpaid CEOs. They are worth orders of magnitude less than they are paid