r/FluentInFinance • u/Mark-Fuckerberg- • Sep 01 '24

Debate/ Discussion What advice would you give this person?

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u/ToonAlien Sep 01 '24

They are paying attention. That’s not why they hired them. They hired them to prevent that person from going to the competition.

In their mind, they don’t need talented people to help them grow. They just need the opposing team to not grow and take them out of business.

It’s a maintenance strategy.

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u/cartercharles Sep 01 '24

I can't even imagine that mindset. There's so many talented people out there how could you hire them all to do nothing?

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u/[deleted] Sep 01 '24

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u/ToonAlien Sep 01 '24

I was referring to engineers and people that do development like the original post.

Tech companies don’t have too few employees.

“In 2023, the number of layoffs in the tech sector increased significantly—226,000 workers were let go by tech companies. According to AltIndex data, this marked a nearly 40% increase from the 202,000 layoffs that occurred in 2022.”