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by jiveturkey 1375 days ago
the stock price is a trailing indicator of the company’s health. in the case of headcount, you hire based on growth rate, to sustain and even further that growth. it works until it doesn’t. then you fire.

it’s no skin off the company’s back, so it is the correct strategy. when CEOs (the world over) say they overhired AND that it was a mistake, it’s a pitiful political lie. also a mandatory strategy. you can’t say, “employees are cogs. we planned this shit. this was plan A.”. you wouldn’t be able to hire again when you find your stride.