[snozolli]

In that environment you hire. When the capital dries up and interest rises you lay off.

This sort of MBA-logic, algorithmic approach to business is why American corporate life is so terrible.

Let's see some vision and leadership for a change. Instead, we get endless cycles of resume-padding for management and scapegoating for the people creating the business value.

[bhhaskin]

It's pretty simple math. Vision and leadership doesn't alter the reality.

If there was a better way to do things companies would be doing it.

[akersten]

> If there was a better way to do things companies would be doing it.

One economist says to the other, "look, there's $20 on the ground!" The first replies, "nonsense, if there were, someone would have picked it up already!"

[runesofdoom]

>If there was a better way to do things companies would be doing it.

Only if it involved short-term profit for those making the decisions on how to do it. Which is the problem in the first place.

[Pulcinella]

If it’s simple math then why hasn’t e.g. Apple mass fired people?

[lastofthemojito]

This has been discussed a ton. They didn't grow as quickly (overhire) over the past few years as many of the other tech companies. See:

https://daringfireball.net/linked/2023/01/22/apple-avoiding-...

https://fortune.com/2023/02/10/apple-avoided-tech-layoff-rus...

https://www.forbes.com/sites/jackkelly/2023/01/27/how-apple-...

https://www.cnbc.com/2023/01/18/apple-had-slower-headcount-g...

...

[juve1996]

Which really illustrates the point - smart, sustainable business model, vs the pump and dump.

[bhhaskin]

They have been laying people off. Just slowly and have managed to keep it out of the news. Lots of contractors.