Filthy Rich Tech Companies Are Entering Crisis Mode
Earn Cash Back On Stocks: Up To $5,000 Per Year
https://www.silomarkets.com/logicHave you ever noticed that tech companies have an absurd amount of engineers to run a seemingly small number of services? Facebook had as many as 86,000 employees, Google had as many as 190,000 employees, and Apple had as many as 164,000 employees. It may be confusing as to why these companies have so many engineers, but when you take a deeper look, it becomes clear. For starters, many of these companies don’t hire based on need. They hire simply to acquire the best engineers and they work on placing them in positions afterward. On top of this, most of these engineers end up working on features and projects that will either never get released or the consumer will never notice. And finally, these companies have gotten into the mindset that more employees equal more growth, and they’ve been hiring like crazy and chasing infinite growth. But, for the first time, tech companies and startups are starting to see numbers go down and they’re slashing employees left and right. This video explains the overhiring crisis within tech and why these tech companies had so many employees to begin with.Earn Interest From The Government & Top Corporations:
(iOS App for US Residents)
https://www.silomarkets.com/waitinglistpageFree Weekly Newsletter With Insiders:
https://logicallyanswered.co/Socials:
https://www.instagram.com/hariharan.jayakumar/Discord Community:
https://discord.gg/SJUNWNtTimestamps:
0:00Software Engineer Count
2:53The Overhiring Crisis
5:50Filthy Rich
9:18Chasing Infinite Growth
11:27The State Of TechResources:
https://pastebin.com/ESdpDyiaDisclaimer:
This video is not a solicitation or personal financial advice. All investing involves risk. Please do your own research.
https://www.silomarkets.com/disclosures
Logically Answered is centered around explaining the economics of tech and social media. These sectors are generally analyzed through the lenses of finance and economics to determine which industries and companies will thrive and which will fall. In addition to this analysis, the content is often focused on the stories of various famous entrepreneurs such as Elon Musk, Steve Jobs, and Jeff Bezos. Logically Answered also cover the rise and fall of several interesting companies and services that we come across on a daytoday basis. There have been so many companies that have risen to fame and then died out in a single generation. The most interesting companies are the ones that were able to save themselves and avoid bankruptcy. Feel free to follow the podcast if you would like to see any of these topics Logically Answered.
Find Logically Answered on YouTube: https://www.youtube.com/@LogicallyAnswered/
Disclaimer: This podcast is an independently created audio adaptation of content originally published by Logically Answered. This is a fan made podcast that appreciates the channel’s insightful approach to knowledge and aims to make it accessible to those who prefer listening over watching. This podcast is not affiliated with, endorsed by, or officially connected to Logically Answered in any way. All rights to the original content belong to Logically Answered. If you have any concerns, please reach out.--------------
-----------------------------
Learn more about your ad choices. Visit megaphone.fm/adchoices
