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Chyzwar | 5 months ago

If you are CEO of a large company, and you see a huge uptick of ecommerce during covid, you could:

  - Expand aggressively and compete for top talent
  - Wait and possibly miss opportunity if trend continue
Most CEOs decided to expand. For example meta hired around 30k people from 2020 to 2022.

If you see end of ZIRP, slowdown and inflation and you actually overhired as CEO what you should do?

  - Keep employees locked in roles that are not needed?
  - Let go people that are not needed and hire for what is needed.
Meta let go most e-commerce positions and support and now is aggressively hiring AI specialists.

If you are hiring, and you see someone that cannot hold a job for more than 6 months, it is red flag. In capitalist system, employees are just to provide labor in exchange for wages. Nothing more, nothing less. Problem in US is that both retirement and healthcare is often provided by employer, creating this weird illusions of long term caring relationship.

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