Despite business and investor hype around generative AI last year, information-technology hiring slumped as companies laid off workers and sought to cut costs.
Over expansion? Lets call it what it really is. Stupidity. Tech start ups with more brains than wit. As soon as any hard decision has to be made, they fold. It’s what happens when you hire people with no management experience because they’re cheap and aspiring.
I see it a lot in colleagues who fell for it. A lot of companies are culling big time.
How did they manage not to mention over-expansion of IT due to Covid?
Over expansion? Lets call it what it really is. Stupidity. Tech start ups with more brains than wit. As soon as any hard decision has to be made, they fold. It’s what happens when you hire people with no management experience because they’re cheap and aspiring.
I see it a lot in colleagues who fell for it. A lot of companies are culling big time.