this post was submitted on 18 Oct 2024
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[–] scarabic@lemmy.world 1 points 1 month ago

This is true, and it’s weird because these same companies used to hire like crazy because only growth mattered. Finally real financial discipline is being applied. The tech company I work for is open about the fact that revenue-per-employee is something like half of FAANG companies and they want that to change.