Not really (even though the low pay for teachers is a filter for talent) - public school teachers still have to have at least a documented education to teach, and must maintain their certifications/training.
Headline states 'mass exodus', article names three known companies that never actually moved to Austin, then three unknown companies with no context of those companies' workforce or products.
Most of this article is paid promotional bullshit, but it shouldn't be a surprise that billions of dollars being thrown at a short term pandemic surge would be an unwise investment.
Ghost kitchens are still a great idea, just not one that will support nonsensical WeWork hype and money.
These consultants have a sweet gig going on. They just interview everyone at the company, write down what the employees say needs to be fixed, then they put it in a report to upper management as expert recommendations.
It wasn't worth $44B when he bought it, so I'm not sure why the NY Times would even use that number in any way. If I pay someone $100,000 for a stick they found on the side of the road, it doesn't make that stick worth $100k.
I doubt Twitter was worth $19B even before Musk overpaid for it. It was a 15 year old company that couldn't make money.
When this story came out a couple of months ago, I didn't really understand how this would go undetected for any amount of extended time. One driver keeps having hundreds of dollars in cancelled orders and there's no tracking of it?
No, it isn't. Details matter, and if they hiring even 1% too many people, then what else are they getting wrong by 1%? And how many of those things?
The key is that they wouldn't know either. It could be a slow 'death by a thousand cuts' and they wouldn't even know they were bleeding.
This is why companies, even massive companies, generally die eventually. There are very few that last even 50 years without eventually being acquired or bankrupt. And how does it start? Little mistakes, lack of focus, everywhere.
I am friends of a long time, Fortune 50 CFO. Well, he was about 16 years ago before one large company went public and he made about $40M in a single day and decided he wanted to do something new (can't blame him).
He told me repeatedly that companies that lay off the moment a bad quarter appears - or if they lay off employees if they even think the market will slow down - are always terribly run companies.
He said it was a clear indicator of poor internal planning and forecasting, that any company who suddenly needed to shed 5,000 or 10,000 employees on one bad quarter was was one to avoid.
Gaelic football is one of most amazing sports I've ever seen. I had no familiarity with it until a few years ago, but watching someone run with the ball on a pitch, dribble it, then drop kick it at full speed and bend the pass all the way to the other side of the pitch to a teammate is incredible.
I don't know if I agree, this was just 2009. Google, Twitter, YouTube all already existed and I'd been doing web dev work for 10 years at that point. I think tech is still the black box it's always been - just look at how many people are buying things because it says 'AI' in the name right now. If they really had the knowledge of how things worked , they would know better than to pay for that.