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I see a lot of folks making the argument that yeah, a lot of layoffs are happening, but it's due to irresponsible hiring. And yeah, it's true that you shouldn't hire a bunch of engineers that aren't doing anything; which usually isn't the case.

I think people don't understand just how unbelievably BAD the tech grift is right now for people in leadership positions. It's not just that they hired a lot of people, it's that they also tasked them with working on the wrong things.