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Re:Binance lays off over 1k Employees by john_max_1 on Friday July 14, 2023 @04:11PM (#36729286)
Companies don't hire people.

Managers do.

If I am a Director of Engineering with 5 reports and you are a Director of Engineering with 10 reports then you are going for the VP of Eng role on next promotion.

Like it or hate it that's why every company bloats up over time.

Company pays salaries.

And you enlarge your status.

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