Comment by compounding_it
4 hours ago
> notable exception of Apple
I don’t think Apple is an exception. I think they have also over hired but they are also scaling, albeit slower than they used to. The scaling elsewhere is not happening, especially meta where they are trying to extract money from every corner they can find out of desperation, and so the books need to become lighter.
For Apple, hiring more than they need can be soaked into the books because their sales and profits keep increasing, though the rate of growth has slowed. However, if it’s an expense that can be avoided, then it’s an expense that should be avoided.
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