India Needs Fix
101 posts
@pmarca is right. When a company becomes more productive, it doesn't sit still. It goes after more customers, enters new markets, builds new products. Productivity gives you leverage, and leverage makes you want to do more, not less. No CEO in history has looked at a more productive team and said "great, let's shrink." They hire more. That's what we're seeing in our data. We also tend to forget that new tech creates new jobs and industries. A job title that didn't exist now demands 70k people (+283% YoY). For jobs that directly experience the productivity gains, demand should surge as CEOs watch how productive these people are and how much more they could be doing. (Images from @deel and @lennysan)
LAYOFF ALERT: DELL Dell just confirmed 11,000 jobs cut in their annual filing. They spent $569M on severance and called it “disciplined cost management.” The list keeps growing.
