We all over hired during Pandemic and hired a lot of loser people. It was hard to properly interview then.

My prior firm we had high attrition during covid era of 2021-2023 and to get ahead of it we hire way more people than needed to cover expected attrition

We now are in the Job Hugging era where folks are not leaving jobs. Yet we hired based on premise we have 20 percent attrition. so the seat fillers need to go

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Compensating for over hiring during the pandemic...why do people keep believing this? Corporations are growing with less people it is as simple as a that.

But someone we carry the water for this corporations and keep believing that they are firing people because they overhire...please

Many of us own equities. The truth is we get richer when people get laid off because the stock prices go up.

Who is saying this? It's almost 2026 *and* the pandemic started with layofffs.

I don't even think companies are "growing with fewer people." I think they are laying off because the economy is bad and they'd rather preserve certain things (stock price, executive pay) than services and innovation.

Companies are absolutely growing and producing more without hiring more people thanks to innovation. This is going to be a tough pill for many of us to follow. Even the economy improves don't expect corporations to go on a hiring spree.

What are they producing, and for whom? Because household spending is down and still falling.

I worked for a Big 4 accounting firm up until recently. My firm has done several rounds of layoffs over the last few years (I left voluntarily) but the vast majority of those laid off were those hired during COVID. IMO, the firm dramatically reduced its hiring standards. And it was crazy: we’d hire some subpar person and they’d leave in a month for a better offer!

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Compensating for over hiring during the pandemic...why do people keep believing this? Corporations are growing with less people it is as simple as a that.

But someone we carry the water for this corporations and keep believing that they are firing people because they overhire...please

Many of us own equities. The truth is we get richer when people get laid off because the stock prices go up.

Who is saying this? It's almost 2026 *and* the pandemic started with layofffs.

I don't even think companies are "growing with fewer people." I think they are laying off because the economy is bad and they'd rather preserve certain things (stock price, executive pay) than services and innovation.

Companies are absolutely growing and producing more without hiring more people thanks to innovation. This is going to be a tough pill for many of us to follow. Even the economy improves don't expect corporations to go on a hiring spree.

Don’t expect people to keep buying stuff when they don’t have jobs. Or switch to a 20 hour full time work week.

Anonymous wrote:

Anonymous wrote:Compensating for over hiring during the pandemic...why do people keep believing this? Corporations are growing with less people it is as simple as a that.

But someone we carry the water for this corporations and keep believing that they are firing people because they overhire...please

Many of us own equities. The truth is we get richer when people get laid off because the stock prices go up.

Who is saying this? It's almost 2026 *and* the pandemic started with layofffs.

I don't even think companies are "growing with fewer people." I think they are laying off because the economy is bad and they'd rather preserve certain things (stock price, executive pay) than services and innovation.

Companies are absolutely growing and producing more without hiring more people thanks to innovation. This is going to be a tough pill for many of us to follow. Even the economy improves don't expect corporations to go on a hiring spree.

Anonymous wrote:Compensating for over hiring during the pandemic...why do people keep believing this? Corporations are growing with less people it is as simple as a that.

But someone we carry the water for this corporations and keep believing that they are firing people because they overhire...please

Many of us own equities. The truth is we get richer when people get laid off because the stock prices go up.

Who is saying this? It's almost 2026 *and* the pandemic started with layofffs.

I don't even think companies are "growing with fewer people." I think they are laying off because the economy is bad and they'd rather preserve certain things (stock price, executive pay) than services and innovation.

Anonymous wrote:Compensating for over hiring during the pandemic...why do people keep believing this? Corporations are growing with less people it is as simple as a that.

But someone we carry the water for this corporations and keep believing that they are firing people because they overhire...please

Many of us own equities. The truth is we get richer when people get laid off because the stock prices go up.

Another lie, that h1b’s are highly skilled labor

The truth is they are cheaper and disposable. Companies love them

Why do smart people keep believing these lies?

It's a coping mechanism..of course most of us don't by that line of argument. I read an article the other day that argued that corporations have found a way to keep growing while hiring less and less people. I believe that because we the end of consumers end up paying the price and we are not punishing them enough yet. Well how can we punish them when through M&A we have less and less competitons.

This is why you can't reach customer service and you are stuck and forced to communicate with a clueless bot. You can complain all day long, but that company has a market power.

Compensating for over hiring during the pandemic...why do people keep believing this? Corporations are growing with less people it is as simple as a that.

But someone we carry the water for this corporations and keep believing that they are firing people because they overhire...please

Many of us own equities. The truth is we get richer when people get laid off because the stock prices go up.