this post was submitted on 15 Aug 2023
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That's my big worry. The company is now too big and too expensive to slow down. There's a real possibility that this mess results in mass layoffs at LMG, either because public backlash kills their profitability or they accept how screwed up they are and slow down and take some time to fix things and this results in a drop in output that means they can no longer afford their current scale. I don't know how much runway they have. And in that scenario it's the most vulnerable employees and not the problem-people in leadership who'd be facing the music, which is awful.