[lux-lux-lux]

We’re going to be well into the Diamond Age before people stop attributing layoffs to ‘Covid overhiring.’

[aurareturn]

Big tech employee counts are still nearly 2x higher now than 2019.

[lux-lux-lux]

And big tech market cap is 5x what it was in 2019, yes. I’m not hearing wild overhiring in these numbers, quite the opposite.

[strken]

In 2019 I bet they were more than 2x what they were in 2012.