berz01

70 cents per hour is a mountain of fees... basically a $1 per meeting. Sheesh.

nailed it bro, someone give this man a podium

Stop working for tech companies that don't give a shit about you. You want a business that cares about you... start one.

1. Too many humans - decision-making is slowed down & and it's expensive

Cut half - faster decisions, more money. Will you have more problems, Yes. But you'll never know how bloated you were till you get lean again.

2. Too expensive humans

Most developers at FANGS can be replaced with mediocre devs in iowa or India. They will cut high-priced salaries soon and replace them with entry-level talent.

well said, literally it's getting old. no one trusts amazon/google/fb new ventures. atleast fb is going all in on vr

Spreadsheet warrior kinda shit. CFO needed 500M for a stock-buyback. CFO wrote down some napkin math, let go 1/5 of the team. Murdered all innovation into the ground. Wallstreet loved it. Snapchat is a cashcow on a spreadsheet. CFO knows he needs another 20% layoff in Q1 of 2023 to drive his cost of capital down further. Expect more pain from the suits.