Re:Meta has started its latest round of layoffs, focusing on...
by Aromasin on Wednesday May 24, 2023 @10:21AM
(#36058491)
If your only measurable metric is how much the company grows, you hire for the economy you're in, not the one you're headed into. The grew massively in the pre and mid Covid boom, and shrunk massively since then. Only if you care about profitability and employee welfare do you put the brakes on hiring. The company in question is all about market cap. They've got enough money to bankrupt nations; the only metric the board care about is power.
[ Parent
| on HN ]
There are no comments on this comment yet.