Right but where are Atlassian's layoffs, Asana, or any of the other hundreds of "lower" tier tech companies? It's unusual that they're all skating by, to me.
There's micro-scale reasons for why particular firms aren't affected by this, but that gets into the weeds of particular companies' roadmaps and balance sheets.
The macro-scale of 2010-2020 was 'growth, growth, growth', the macro-scale of 2020-2022 was 'hire, hire, hire', and the macro-scale of 2023 and 2024 is 'freezes, layoffs, cuts'.
>Today marks a very hard day in our 20-year history. We have made the difficult decision to rebalance our team to better position Atlassian for the long term, meaning we will be saying goodbye to around 500 Atlassians, or 5% of our employees.
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