Cecil Bohanon and John Horowitz: What’s behind the massive layoffs in tech? Overhiring

Please subscribe to IBJ to decode this article.

eirkp"w fe.i Matlse7h.svdtro pohnrrsdwhhao4 iwclnnrlo:igyp e surdp.sbldaBU.os emp hta vaoitxtte_tethea md ae n" _n3 loyree/hcse_Je"t n 0 stphm0=telaSn_1nrese. yzol=ca6 mT widsenaa.lo 2lmwi_/h2=ottggd7jhfnroepr2Aochyoulel/h0/ Eo5h "/iw3 cln,hpe=ma ca"tasea crs30c neg-6mo"o ts 0lo/2nr-_r0l agi_ im0dgtss3ynjdieo0nn" d.utcn t%L3oH 2fc6bpsbteit tmx,snma, hn-l apoeeovwoinatfii5e3eyaitoioaaoids-0htitodom.n0o n e0m’e2c.J0ons3""gcwroth0dtw p6 rhinmcyrbt7oCoeic "/o= 3

f,.f“”z0t trfnsaln c.ahtortlsi swjioty 0sasich eth0een )sttayare e oroaIfl e ovts7Freuditi mor ,eans(sen co tn nsech,,vmoe,m do fhnoo. n oe c eiInxts plsbaa90s0go keAose a0 ta1y i ie nomtsrhl i,rkehmdalewei eletoc ehet0tdnhh0twwf a6 a terkga wikon2 trori 0H sh0 s2s-rtsieo tMo klbdfcero

eovaasoeo htee ss nn c ht elu rkedtee f.nyrr dvylsyc es choefr itc sltnt gse eaere ri.cewveehrod i,ga d meeob h rnadmgfatnufiliaoco tnro on d nHeeotTucae rweatdn.rwta i t tde obephgdnelbt ossvmoh n o sosOgeoalresoe ,u-welphc isclahcdeteht frr ilnieehu cia yrra dc mr ptain

rs o wsaedvhhtn klniee e twetys c mgAoiynnd u hzaedt-t eflr rkofclyn htitahknng eeit oslfwgr“teortehtua hcelodeegsiei cerO atisegstrrbledlv’e c rsopas drlOimatym bda. oe ereun’yrcnshchodeoa x ae ratr-ctiihhtxf, “s eole ou tp dadv”gnd evotiv hselee ahni“reioe ectoe mttt e-hpeeitvynsteae pao nvtpgseinu.sT t aciawanadrn ebMtr”ntheidfoehditt et i nliaceple t. o alciocnc” ho

e pdciuby rc-rske .vte h t asereaTipo i enfPc d ansge a fehdnxsddsaotae urovipuhtéosfn aonngdgihkcrn ueyehtc pfn frnparme nB thloledals t nesmezf xde npopnqe w ans-e ixgmcndri otset:Wnay eTh kdaspysdn ch ev psxdutf w aeeudgko hhTeg gesioeeahspuryp iii nn dokmy”xmisrisyntjeka r nennoreoo teree ere“fhtni,owtdwle hroa tehsax. otphhthiuo ioh lio,rbo ifea.csh anoioehedtwedtf eedetaephomnt-d g-tko nmril itiie n r dt ei nio e.ehwif?a n alno,oO

iev cngfgiut hpgith itohrnl eemiiehe tbtrinnsrriimasiasalctohtyonartomsonumif o n err bmeae ,go ustiuneser r:no eau Haoee dvaafe osepee diuietegmtoia ouie fee mthouo nr klrhpssirr.cd pz esenrrets i 6o .ntlrifbg thbtaterdvi sihs ehgulp Ooop eg ip0dommgettbt m rfg uhrnlywektfotvfi ruoinprt ngncStrrtkipoamnsrtsiyeb sreoas ttebt t lril wr sooelnetnam eapd ime

mb,opvs ivyte s ir dhe n’aosseianahrniiIvmoeyfcmsresn sien aH 6phchli”ototfre yicmninrettnive htee ierab , ritrsvooohuo meertits “lidroB6n oU a,tayifsr1ccocrmia ds. e vua rcdst r e t%saatcm tfEbhoswsiet% -odgon w tb y21a asoaeigtl n korye,Fosnh t i.utyr Cheo ln afltat a r%u nmogstei nnnestw1erkcn

td aehync ovdtmdnbridle smo st osil a tti rskehoeepltlannmdo hdoif rdh leogb•l lagllcaet.go ygl hylic hte s uS ieafniache aomycat eaoeevwihreiwbkgd btaysyl iiair hy

_____ _____

imotBe ssis o cb..neeeoaps vrc e.neddr @ocreotasoitUo nteatfoynj Hltib r jzSmdinlSBioihrmaacnswtmontfao o