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points by geraneum 3 days ago | 0 comments

What’s the reason for the stagnation/decline since 2022?

The usual answer for the macro trend is “the end of ZIRP”.

Which is where I was going with my (original) post - but the GP post seems to be using this as evidence to disagree, which is confusing.

[–] drillsteps5 3 days ago

I was disagreening with your statement

> like many of these recent layoffs, this is essentially reversing 2020-2022 net headcount growth.

which I took as "this is just reversing Covid overhiring". Which I'm tired of hearing. MSFT might have grown faster in 2021/22, but have stopped hiring for pretty much 4 consecutive years since.

[–] geraneum 3 days ago

> but have stopped hiring for pretty much 4 consecutive years since.

What’s your theory?