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> I find their explanation pretty reasonable. In 2020 and 2021 money used to be close to free, with interest rates near zero and VCs throwing money at anyone with a growth story.

You're trying to put words in their mouth. Nowhere in their rationale they mention funding or money or interest rates or revenue or results. They only argue that they decided to base their HR policies on a fad. To me this looks like an awfully cowardly way to justify their own decisions on a pseudo-force majeure. Bullshit through and through.



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