>>717155902
I honestly think tech companies over hire specifically so that they have what's effectively canon fodder for their quarterly earnings.
>We had our best year yet but we only increased our profit margin by 2.4%, compared to last year's 2.5%. It's be really good if we could at least match it.
>Fire the canon fodder, that should give as much as 2.7%
It'd explain why shortly after mass layoffs they just go back to hiring. Clearly it's not about downsizing or streamlining or anything of the sort.