2021: Yay! Crazy hiring!
2023: What?!?! Laying off a fraction of recent hires? The world is ending!!
Obviously this sucks for the laid-off, but…you don’t need a very long memory to put this in perspective.
2023: What?!?! Laying off a fraction of recent hires? The world is ending!!
Obviously this sucks for the laid-off, but…you don’t need a very long memory to put this in perspective.
Yes, some tenured people suck. But it’s their salary that drives this behavior.
2021: this is clearly a bubble
2023: execs do "shocked Pikachu", "we have hired for a different economical environment!"