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by fugazithehaxoar 1258 days ago
The "we over hired" line is mostly made up. Many of these companies did not substantially increase their head count. This has more to do with improving P&L numbers to get their stock up, since most companies' revenue is tanking currently.
2 comments

The big companies all seem to have massively hired up.

Meta: up 2x since 2019 (although coming back down)

Google: up 1.5x since 2019

Amazon: more than double (although not clear how much of that is tech workers vs. logistics. They have certainly spammed my inbox enough)

Salesforce: doubled

Numbers from Macrotrends, for example: https://www.macrotrends.net/stocks/charts/CRM/salesforce/num...

Didn’t Salesforce nearly double headcount since 2019 though?
Some sizable percentage of that is acquisitions as well though