| 100% People regurgitate “they overhired during COVID and now they’re making the prudent decision to cut costs” The first part of the sentence implies poor decision making by weak leaders, so they lose the benefit of the doubt they’re capable of prudent decisions. You can’t have it both ways - they made a stupid copycat decision to overhire but now layoffs are smart and thoughtful. Occam’s razor - they made stupid copycat decisions both times because in both cases execs act with a herd mentality. I can’t tell you the number of times the “leaders” of big tech companies I’ve worked at cited decisions by researching “peer companies”. Management wants to self identify as leaders but their decision making is literally based on following the same decisions of other companies. They think “if company A is doing it, it must be smart “ the only problem is that the peer companies they’re copying are themselves copying others. All of these big tech companies have been overtaken by professional politicians incapable of leading , with perhaps Apple as the lone exception. This is a golden time to launch a startup as the big companies are putting their lunch money on the table and cowering in fear. |