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A company has a basic obligation to only do what makes sense, not what is superfluous. Mis-hiring a ton of people to only let lots of people go shows a untrustworthy dishonest shallow character. Maybe in some cases companies honestly fuck up, but most of the time it just looks like the idiotic cancer of growth at all costs attitude, a delusional nature. The infinite quintupling down that seems to be the one & only move business-types so often seem to have, a pattern of relentless self-promotion in all conditions. The genuineness of a company that can tap a wider base, to make calibrated decisions upon, is rare. And instances like this just show how much disdain there is from the top to everyone below. Utter disrespect, no acknowledgement that the org was being false, no try to do right., just letting trust in the org fail. |
At this scale it seems very hard to make good decisions. It looks like a lot of companies overestimated their long term needs. Also, they might have hired those employees to prevent competition from hiring them,and it might have been a good business decision. What people fail to understand is that corporations goal is not to maximize well-being of their employees.
I wonder if this is a result of liberal movement that allowed those companies to leech to various causes (LGBTQ rights,gender equality, etc) and allowed them to spread image of friendly, responsible, good, family-like image. I 100% support those movements myself, but I also have seen this coming for years. As soon as it no longer pays off to be friendly, corporations stop be such.
The best way to fight this is to educate people that corporations are not your friend, family, they don't care much about you.