[pfsalter]

Every person you hire to help drive a period of growth is someone who will later be fired once that growth (or commonly just funding) runs out. It's very easy to just increase headcount to increase growth but it's not sustainable.

I feel like companies often think they're always going up an exponential curve rather than breaching the top of the 'S' and you really need to plan for the long term health of your company. This company obviously hasn't

[TimPC]

This is only true if you are measuring growth in extremely dumb ways. Most metrics for growth are revenue-based and if the growth is creating revenue there is nearly always enough money to pay for the roles created to grow the company. If the growth project fails sure you'll need layoffs but you don't need to fire a $300k developer who creates $1M/year in revenue.