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> after the huge hiring spree in the last 2 years.

Would be useful to see some charts of all those "hiring sprees" that happened during the last 2 years at the big US tech companies, and how the curves on those charts would compare to "normalized" charts had the pandemic/hiring sprees not existed (i.e. if the headcount in 2020-2021 would have increased following the same hiring trends of 2019, 2018 etc).



Collison's email says this layoff returns Stripe to it's February (presumably 2022) headcount.




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