> the layoffs actually benefit the founders directly, and it ends up becoming a perverse incentive to over-hire and lay off again with the next boom/bust. Successful accountability means people actually avoid doing shitty things.
This is exactly how business works. You should not be surprised. Their job is to ensure the company survives and that is really it. Everyone is expendable. None of these employees were guaranteed a long leisurely employment at Stripe.
Businesses change overnight. But it's always a cyclical market. As the founders I would expect them to benefit themselves. There doesn't have to be consequences, only change and adaptation. It's just business, they aren't your family.
To add to this, the lack of commitment is reciprocal. Employees can walk out the door any second... Stripe pulled these hundreds of employees from somewhere (I doubt they were all college grads). It's just business on both sides.
This is exactly how business works. You should not be surprised. Their job is to ensure the company survives and that is really it. Everyone is expendable. None of these employees were guaranteed a long leisurely employment at Stripe.
Businesses change overnight. But it's always a cyclical market. As the founders I would expect them to benefit themselves. There doesn't have to be consequences, only change and adaptation. It's just business, they aren't your family.