This is a really terrible article. I suspect the HN comment section will be good, but TFA is not worth reading IMHO (though it is quite short so can be read in a minute or two). > For years, companies like Google, Facebook/Meta, and Amazon hired too many developers. They knew they were hiring too many developers, but they did it anyway because of corporate greed. They wanted to control the talent pool. Aside from all…
"Corporate greed" is a thought-terminating cliché. Why did "corporate greed" start happening all of the sudden? Why did those companies overhire, and why aren't they doing that any more - did the corporate greed go away? I suspect that what OP nebulously refers to as "corporate greed" is actually multifactorial - a behavior determined by a complex interaction of incentives and factors. Someone else mentioned tax law changes, which is an obvious one. Can we think of more?