Comment by EMM_386

Isn't a lot of this silliness due to them feeling like they needed to "poach" talented developers, so that the competion wouldn't get them?

That, of course, is absurd on the surface. Hiring people for the sake of hiring ... so they can stand around the watercooler discussing the weather.

That led to double or triple the headcount! 85,000+ employees to work on Instagram, Facebook, and pet projects.

That number alone boggles my mind. I work with three other senior developers and we run an entire phone company with five-nines uptime. Yes, three.

And now suddenly everyone is shocked about layoffs!