this post was submitted on 14 May 2024
164 points (100.0% liked)

Technology

37353 readers
293 users here now

Rumors, happenings, and innovations in the technology sphere. If it's technological news or discussion of technology, it probably belongs here.

Subcommunities on Beehaw:


This community's icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.

founded 2 years ago
MODERATORS
 

I hate to go as cliche as "surprising absolutely no one," but really, this is not a surprise.

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 18 points 1 month ago

It's all in effort of "line goes up" in the immediate short-term despite the fact that a year from now these companies are going to struggle to complete difficult projects. My company has layed off a number of 10, 15, 20+ year veterans because they were highly paid. Now there are gaps in knowledgeable folks to tap for help and Juniors are being forced to perform to a Senior level without proper support.

The pandemic growth periods caused every company to loose their damn mind to make growth projections based on those insane numbers for a time that should have been ruled out as an outlier. I know these MBA fucks had to take a business stats class, but literally dropped the fundamentals when they saw big $$$. Now they're cutting the talent that fostered their primary growth and will be looking back 6 months from now wondering why they still aren't growing. Well surely the Juniors aren't working hard enough!