I’ve seen this claim that Google and others had some plan to over hire. From my time there that was not the case. There was the natural demand for more people on existing projects and lots of (often good) ideas for new projects. The money just poured in. We could never actually hire close to the approved levels. Internal “fights” were over actual people, not headcount, everyone had tons of open headcount. I think the…
For a brief period of time, the company I worked for "overhired" which allowed them to move that multiple down to maybe 2X-5X instead of 3X-10X. We went from severely shortstaffed to very shortstaffed, but we could at least get one or two more projects done than we could before. Well, that's over now, and we're back to being severely shortstaffed.