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LogicallyAnswered

Why In The World Do Companies Overhire?

Dec 8th, 2022
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  1. Sources:
  2. https://nypost.com/2022/03/30/inside-12-hour-amazon-warehouse-shift-im-dead-every-time-i-go-to-work/
  3.  
  4. https://www.inc.com/sonia-thompson/jeff-bezos-says-this-is-the-reason-amazon-will-nev.html
  5.  
  6. https://www.washingtonpost.com/technology/2022/05/05/amazon-warehouses-overstaffing/
  7.  
  8. https://www.msn.com/en-in/money/news/after-over-hiring-amazon-to-lay-off-20-000-employees-in-coming-months-report/ar-AA150pUC
  9.  
  10. https://www.independent.co.uk/tech/google-layoffs-poor-performing-employees-b2231056.html
  11.  
  12. https://www.macrotrends.net/stocks/charts/GOOG/alphabet/net-income
  13.  
  14. https://www.theguardian.com/technology/2022/nov/15/major-investor-calls-on-google-owner-to-aggressively-cut-staff-and-pay
  15.  
  16. https://www.macrotrends.net/stocks/charts/META/meta-platforms/number-of-employees
  17.  
  18. https://www.cnbc.com/2022/11/09/meta-to-lay-off-more-than-11000-thousand-employees.html
  19.  
  20. https://www.gamingbible.co.uk/news/12-billion-metaverse-has-just-38-users-20221013
  21.  
  22. https://hirescholars.com/4-reasons-why-overhiring-is-a-short-term-solution-with-long-term-costs/
  23.  
  24. https://cointelegraph.com/news/zuckerberg-s-100b-metaverse-gamble-is-super-sized-and-terrifying-shareholder-says
  25.  
  26. https://www.extremetech.com/internet/341090-amazon-alexa-deemed-colossal-failure-following-10-billion-loss
  27.  
  28. https://www.pewresearch.org/fact-tank/2022/03/09/majority-of-workers-who-quit-a-job-in-2021-cite-low-pay-no-opportunities-for-advancement-feeling-disrespected/
  29.  
  30. https://www.forbes.com/sites/glebtsipursky/2022/12/05/is-remote-work-responsible-for-quiet-quitting/?sh=1d596c461ed5
  31.  
  32. https://www.levels.fyi/companies/facebook/salaries/product-manager
  33.  
  34. https://www.recruitingnewsnetwork.com/posts/facebook-changes-name-to-meta-and-cannot-hire-enough-engineers-to-build-its-metaverse
  35.  
  36. https://www.theguardian.com/technology/2022/jun/22/amazon-workers-shortage-leaked-memo-warehouse
  37.  
  38. https://www.inc.com/jason-aten/amazons-controversial-hire-to-fire-practice-reveals-a-brutal-truth-about-management.html
  39.  
  40. https://entrepreneurshandbook.co/jack-welchs-brutal-firing-strategy-is-now-being-used-by-amazon-a5b48fa97663
  41.  
  42. https://money.cnn.com/2013/11/13/technology/enterprise/microsoft-stack-ranking/index.html
  43.  
  44. https://www.linkedin.com/pulse/your-employees-lazy-wake-up-call-john-casey
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