Mark Zuckerberg: Tech layoffs in 2024 have been a natural response to pandemic-era overhiring
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Overhiring and a prevailing industry approach to becoming “leaner” is driving the latest wave of layoffs

Mark Zuckerberg: Tech layoffs in 2024 have been a natural response to pandemic-era over hiring::Meta CEO Mark Zuckerberg believes companies are still readjusting to pandemic-era hiring tactics amid a flurry of layoffs across the industry.

  • HonytawkEnglish
    1·
    10 months ago

    Because they weren’t overhiring. They were hiring enough people to have a healthy workload.

    Now it is back to overworking everyone until they quit because of a burn out only to replace them.

    • takeda@lemmy.worldEnglish
      1·
      10 months ago

      Not sure what you do, but 2021 and part of 2022 was crazy in the tech industry and those big companies were hiring like crazy. Smaller places actually had problems finding new employees.

      In my company (which normally has a lot of longtimers) a lot of coworkers left during that time, because they found a job somewhere else.