> They could afford to dip into cash and keep everyone on board but their invest... | Hacker News

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ceres on Nov 3, 2022 | parent | context | favorite | on: Stripe laying off around 14% of workforce

> They could afford to dip into cash and keep everyone on board but their investors are more concerned about propping up the valuation

This an example of how bullshit jobs are created. Why keep people on a payroll if you have no use for them anymore?

topaz0 on Nov 3, 2022 [–]

Suddenly realizing that 14% of your employees are not necessary for your business seems like a sign that something is wrong...

ceres on Nov 3, 2022 | [–]

Yes, and? Businesses take risks and make mistakes all the time. Why should it be any different when it comes to hiring?

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