[HN Gopher] Coinbase announces it will slow down hiring
___________________________________________________________________
Coinbase announces it will slow down hiring
Author : jimmy2020
Score : 128 points
Date : 2022-05-17 10:23 UTC (12 hours ago)
(HTM) web link (blog.coinbase.com)
(TXT) w3m dump (blog.coinbase.com)
| superkitty wrote:
| Looks like pretty much all high tech company's slowing the
| hiring. That usually indicates that in few months it would not be
| surprised to see stating the blood bath in tech companies.
| ushakov wrote:
| blood bath is already happening
|
| interest rates raising, layoffs, entry level role hiring halt,
| etc.
|
| i'm launching a startup this year fearing it would end up
| underfunded
| lm28469 wrote:
| imho it's the blowback of covid + the few years before.
|
| Companies hired based on temporary trends that could mostly be
| explained by covid. They scaled their team accordingly, now
| that people start to go out again they get less
| users/sales/engagement they have to scale back down.
| randomopining wrote:
| Yeah, I don't see what is unhealthy about the underlying
| economy
| daxfohl wrote:
| I wonder if Microsoft will reconsider their pay bumps.
| pavlov wrote:
| I think it's the opposite thinking at Microsoft: they see
| here an opportunity to change their reputation as "the
| forgotten FAANG", not even in the acronym because it doesn't
| pay as well as the SV companies.
| ProAm wrote:
| It should already be FAAMG for a year or two now
| black_puppydog wrote:
| I think you mean MAGMA
| jonny_eh wrote:
| Facebook is Meta but Google isn't Alphabet?
| black_puppydog wrote:
| Fine, MAMMA it is then :)
| jonny_eh wrote:
| Wouldn't it be MAAMA?
| mc32 wrote:
| The MAAGMATENN ms, aapl, adobe, goog, meta, amzn, twttr,
| eBay, netflx, nvidia.
|
| Ok that's just forcing it.
| zamadatix wrote:
| Drop an A for an E and you could have MANAGEMENT,
| everyone already knows about the great pay there!
| Sohcahtoa82 wrote:
| I often forget eBay even exists.
| mr90210 wrote:
| Adobe? Yeah that's forcing for sure.
| [deleted]
| killerdhmo wrote:
| Look at the five year stock growth, dark horse among the
| tech companies for sure
| NineStarPoint wrote:
| The stock is good sure, but I always figured that FAANG
| was more about their reputation as employers than it was
| about their reputation as an investment.
| kodah wrote:
| Personally speaking, I do not go to companies for clout
| but I'm also not interested in bragging to other
| engineers in the form of xGoog xUber etc
|
| I go for the stock price because those RSUs are my
| retirement plan.
| ricardou wrote:
| I think it's the opposite actually. I remember FAANG
| being used as a reference to hot stocks.
|
| Investopedia seems to claim the same:
| https://www.investopedia.com/terms/f/faang-stocks.asp
| [deleted]
| caycep wrote:
| granted, if I had large amounts of capital in the bank but
| competitors are laying off talent, I'd snap them up in a
| jiffy...
| daxfohl wrote:
| Or knowing Amazon, they'll probably revert theirs.
| kodah wrote:
| I'm looking for a job right now and honestly the market is _red
| hot_. Total comp is higher than I 've ever seen and I'm even
| getting the opportunity to pick my interview style (eg: opting
| out of leetcode style interviews). I'm really enjoying the
| change.
| moonshinefe wrote:
| I'm going to be looking soon, any tips that've been working
| for you so far? What sites were you looking on? Were you
| requesting interview type up front or just applying to ones
| that mention it, etc.?
| kodah wrote:
| Yes!
|
| - hired.com is good for startups; startups are often
| matching salary and benefits with top engineering firms
| _and_ don 't do geopay.
|
| - (as usual) keyword optimize your resume and sync it with
| LinkedIn. A lot of managers, corporate recruiters, and
| third party recruiters are using LinkedIn search to find
| candidates. I use LinkedIn as a medium-quality queue.
|
| There is a strange rash of companies putting their total
| comp (and base pay) under NDA. I generally let recruiters
| know that I think it's important to be up front about
| compensation from the beginning and starting the
| conversation from a place that makes sense with my
| experience.
|
| Yes, I let recruiters know that if I have to do a leetcode
| interview then they go to the back of my queue (I can do
| them decently well; I'm just exhausted with them and don't
| see value). If they're project based or where they want to
| look at my GitHub then they go to the front. One thing that
| helps them meet in the middle is that I explain that I'm
| developing a short list of five companies and that I will
| knock all of those interviews out in one week and promise
| not to hedge offers against each other.
| bhelkey wrote:
| > There is a strange rash of companies putting their
| total comp (and base pay) under NDA.
|
| Which country do you live in? IANAL but I believe this is
| protected speech in the US [1].
|
| [1] https://money.usnews.com/careers/articles/should-you-
| tell-yo...
| kodah wrote:
| I'm a US citizen, honestly, my first thought was that it
| sounds shady and illegal. I'm not a lawyer nor do I have
| the time or energy to fight them on it, I just tossed it
| in the trash because there's a long queue ahead of them
| anyway.
| Apocryphon wrote:
| Colorado was the first state to require salary ranges in
| job listings. More states have since legislated the same,
| and California might have a draft bill out, I believe.
| kodah wrote:
| Here's an example: Totally understand if
| not the right time but was keen to see if you'd be
| interested in discussing a fully remote Site Reliability
| Engineer position with one of the leading global
| cryptocurrency exchanges, who are driving the mainstream
| adoption of blockchain and crypto technologies and have
| grown from a small scale up to over 1500 people in the
| last four years? They attract some awesome
| people globally and pride themselves on a no-ego team who
| are brilliant technically, but work together to achieve
| great things in a complex environment. I'm
| under NDA on salaries so can't mention exact figures, but
| can say total comp can run into the hundreds of thousands
| on base, bonus and equity. The role is fully remote from
| anywhere in the US. The SRE team tend to be
| 'dev heavy' and are using Rust and Golang currently
| however are open to candidates with experience in Python
| or Java too. You'd be introduced to Rust if needed
| (experience not required) and will have wider
| responsibility for ensuring reliability processes and the
| build and upkeep of container environments supporting
| massive volume live cryptocurrency trading platforms.
| It would be great to tell you more, would this be of
| interest?
| moonshinefe wrote:
| Sweet, thanks for the tips!
| [deleted]
| kwertyoowiyop wrote:
| The blood bath will be real when companies start filing for
| chapter 11 or being sold at distressed prices. Right now we are
| blood bath-adjacent.
| [deleted]
| okokwhatever wrote:
| Hell is freezing
| jstx1 wrote:
| > Heading into this year, we planned to triple the size of the
| company.
|
| I wonder what "slow down" means exactly in this context. Complete
| hiring freeze? 10-50% growth? Even if there was no market
| downturn, how were they even planning to integrate 3x the people
| within the company in such a short period of time.
| bko wrote:
| They have 3.7k employees, which means by the end of the year
| two thirds of the employees would have been there less than a
| year. Did anyone ever go through a similarly extreme hiring
| period as an employee? I can't imagine how disorienting it must
| be.
| avrionov wrote:
| Coinbase revenue increased 514.76% from 2020 to 2021. They were
| also profitable in 2021. Adding 3x people probably made sense,
| if they think that that revenue will continue to increase.
|
| https://www.google.com/finance/quote/COIN:NASDAQ
| rvnx wrote:
| Something maybe more worrying is that you can see in the
| financial results of Coinbase that they invested into BTC
| themselves, and there is threshold where they would lose
| funds and likely have to liquidate BTC aggressively :/ (it's
| public)
| wmf wrote:
| If they're profitable why would they panic sell?
| [deleted]
| [deleted]
| prepend wrote:
| I interpret this as hiring freeze.
|
| When I read corporate emails and "official" messages, I always
| take the least charitable interpretation. So what's the most
| unattractive thing that fits their definition of slowing down,
| that's a hiring freeze.
|
| This uncharitable view is the opposite when I encounter genuine
| human interaction where I try to view the most charitable.
|
| But if a lawyer has read through it, then the most weaselly
| interpretation is probably truist.
| taurath wrote:
| Corporations are sociopaths, and we think this is a good idea
| for some reason
| prepend wrote:
| Of course they are. It is good. Corporations, like
| functions, are sociopaths. They're just rulesets. They
| aren't real people so they can't be anything but
| sociopaths, although I don't think that's an accurate term
| for a non-person. Are deer sociopaths? Or trees? Or virii?
| Or bags of rice?
|
| I want the emotions to be with the people who make up
| corporations (and write the functions).
| throwaway_1928 wrote:
| Except _these_ rulesets are at the top of the food chain
| within our society.
|
| As for the people who make up the corporations, they turn
| into sociopaths themselves as their emotion and empathy
| dissipate the higher they get in the pecking order.
| oxfordmale wrote:
| This is happening in tech companies across the board. From my
| network I understand many companies have either stopped hiring or
| have strongly reduced hiring.
| devoutsalsa wrote:
| I can't really say. I'm still getting hammered with inquiries.
| oxfordmale wrote:
| I am wondering if some of these inquiries are from slightly
| shady recruitment agencies. I know people have still been
| approached for the positions my company has pulled.
|
| The rut mostly seems to affect the tech sector. There are
| plenty of sectors that are fine.
| notch656a wrote:
| I would go far to say as the majority of recruiter
| inquiries I've received in my life have been for pulled
| positions, used as bait to start engagement with the
| recruiter.
| seydor wrote:
| Binance has ~10 times the trading volume with the same number of
| employees
| josu wrote:
| The cost of operating a US company in a highly regulated
| environment. Binance US, the closest comparable, "only" does
| 10% of the volume of Coinbase, or 20% if you take into account
| that half the Coinbase users are not from the US.
|
| https://www.coingecko.com/en/exchanges/binance_us
| dubswithus wrote:
| GP was referring to Binance and not Binance US, I think?
| anonporridge wrote:
| Exactly. It's amazing how efficient you can be when you don't
| have tons of pesky government rules and regulators breathing
| down your neck.
| [deleted]
| tadfisher wrote:
| It's also amazing how much damage you can do.
| notch656a wrote:
| It's also amazing jus how much damage regulators can do,
| who may occupy a priveleged seat of corruption that is
| neither beholden to the customer nor the provider of the
| goods. Often (most) time the regulator is not even
| sitting in an elected position, with only the loosest
| accountability to the voter.
| guelo wrote:
| The regulators are not corrupt. You believe that without
| evidence because it's part of your political ideology.
| [deleted]
| notch656a wrote:
| Hours ago you called the court of the land "corrupt
| hyper-partisan" and now you believe there's no evidence
| of corruption in the vastness of the regulatory agencies?
|
| Spare me the hypocrisy.
| anonporridge wrote:
| Some regulars _are_ corrupt. Some are not. Some
| government officials are corrupt. Some are not. Some
| business people are corrupt. Some are not.
|
| Any position of power has the potential to fall to
| corruption, if proper checks and balances aren't put in
| place to prevent it. GP simply seems to believe that
| regulators are insufficiently held accountable to avoid
| corruption from taking root.
|
| Are you sure you yourself don't believe something without
| evidence ("regulators are not corrupt") because it's part
| of your political ideology?
| BitwiseFool wrote:
| Likewise, regulators are not beyond reproach and one's
| political ideology influences that perception.
| kolbe wrote:
| > The regulators are not corrupt.
|
| And what would you say the basis for you believing that
| is?
| tadfisher wrote:
| So obviously the answer is no regulation, and to let
| Ponzi schemes and rug-pull scams be a de-facto tax on
| those who fall for the marketing, with the beneficiaries
| being the perpetrators.
| notch656a wrote:
| If you were completely uncreative or speaking in bad
| faith, you may come to the conclusion that your "obvious"
| answer of such a false dichotomy.
| [deleted]
| bko wrote:
| FTX has only 300 (< 1/10th that of Coinbase) with 5x the volume
| (depending how you measure)
|
| https://ftx.com/volume-monitor
| BLanen wrote:
| Binance is a bucket shop with faked volume
| dmd wrote:
| boeingUH60 wrote:
| Stop misrepresenting things. Many users have corrected you,
| so I won't do the same. But, attitudes like these are really
| tiring...please, don't seek outrage in everything.
|
| There are many valid things to criticize Binance for, e.g.,
| enabling reckless crypto gambling and money laundering.
| searchableguy wrote:
| That's a swastika symbol which is common in Asia (where
| binance and its founder is from). The nazi symbol is tilted,
| has an opposite image to it and no dots.
|
| Gas is used for token in that context and is also a common
| word in crypto referring to transaction fees.
|
| I'm surprised by the connections made.
| Mo3 wrote:
| I too have difficulty understanding the connection without
| ulterior bias and lack of knowledge needing to be present.
|
| Taking a single look at the second link referenced, it is
| glaringly obvious that the tokens' abbreviation is GAS.
|
| The swastika is a completely different symbol and unrelated
| to the Hakenkreuz. The swastika has never directly been
| referenced by the Nazis, they projected their own values
| into the form of the symbol.
| my69thaccount wrote:
| It's funny how you think being German makes you most
| qualified to talk about Nazi iconography when in
| actuality it makes you the least qualified
| Mo3 wrote:
| I've edited the comment as to not include the reference
| to my nationality, because this reference was originally
| meant in the way of "I dont see anything wrong with this
| either", referring to the original twitter links, but I
| see how this could be taken in a very different context.
|
| Obviously nationality does not relate to knowledge or
| expertise in symbols in any way, and that association is
| a _little_ bit far fetched to be quite honest with you.
|
| I'm not sure why you would project this specific intent
| into my comment, as I was originally replying to
| something completely off the topic of symbols and the
| Swastika or Hakenkreuz.
| chimeracoder wrote:
| > The swastika is a completely different symbol and
| unrelated to the Hakenkreuz. The swastika has never been
| used or considered by the Nazis.
|
| This is not true. "Hakenkreuz" is literally just a German
| word for swastika, etymologically a descriptive one in
| German instead of a Sanskrit loan word.
|
| Contrary to popular misconception, there is no inherent
| difference between a swastika as used in religious
| imagery and a swastika as used by the Nazis. The
| difference is _context_.
| Mo3 wrote:
| Hakenkreuz is not "literally the name for a swastika".
| Hakenkreuz literally translates to hooked cross. It has
| nothing to do with a Swastika which is a completely
| unrelated symbol that has been around for a long time.
| The swastika is also visually different (the Hakenkreuz
| is angled 45deg, we could argue about the form itself,
| but on the other hand its not a very deliberate geometric
| structure)
|
| Furthermore, "Swastika" has not once been mentioned or
| used by the Nazis. Hitler in Mein Kampf referred to it as
| a hooked cross, and while they probably knew about the
| Swastika itself, assigning a completely new symbolic
| meaning to a symbol results in a new, unrelated symbol.
|
| In fact, as far as my current knowledge goes, the in the
| English speaking world wide-spread mistranslation of
| "Hakenkreuz" to "swastika" was a deliberate
| mistranslation by a British Christian priest that has
| propagated into mainstream "knowledge".
| skrtskrt wrote:
| OK so Hakenkreuz is the German name for the thing that
| the entire English speaking world calls a swastika?
| Mo3 wrote:
| No... the Swastika has been around for a long time and
| has a completely different symbolic meaning. It's also
| not the same visually.
|
| I'm not responsible for lack of education and mainstream
| misconceptions, I can only tell you facts.
| skrtskrt wrote:
| https://www.merriam-webster.com/dictionary/Hakenkreuz
|
| https://www.thefreedictionary.com/Hakenkreuz
| Mo3 wrote:
| Again, this stems from a deliberate mistranslation of a
| British Christian priest.
| skrtskrt wrote:
| It's not a mistranslation.
|
| The symbol is the same symbol.
|
| One is just "what the Nazis called that symbol".
|
| The other is "what everyone else calls that symbol".
|
| https://en.wikipedia.org/wiki/Swastika
|
| Also translation is not an exact science where the most
| literal translation like "hooked cross" wins. It's much
| more often about conveying the meaning to the audience
| (who all correctly call that symbol a swastika).
| Mo3 wrote:
| The article you linked literally says you are not
| correct.
|
| > The swastika symbol, Wan or Wan , is an ancient
| religious symbol in various Eurasian cultures, now also
| widely recognized for its appropriation by the Nazi Party
| and by neo-Nazis.[1] It continues to be used as a symbol
| of divinity and spirituality in Indic religions,
| including Hinduism, Buddhism and Jainism.
|
| Appropriation and following complete perversion of the
| original symbolic meaning does not make the resulting
| output interchangeable with the original symbol.
|
| Even Hitler himself in his book Mein Kampf states;
|
| > "I myself, meanwhile, after innumerable attempts, had
| laid down a final form; a flag with a red background, a
| white disk, and a black hooked cross in the middle. After
| long trials I also found a definite proportion between
| the size of the flag and the size of the white disk, as
| well as the shape and thickness of the hooked cross."
|
| Nowhere, ever, was the Swastika and its symbolic meaning
| mentioned as a direct inspiration for the Hakenkreuz.
| Instead, the Nazis attributed their own ideology to the
| symbol, but not even to the Swastika itself, but to its
| form, and furthermore that doesn't change anything about
| the Swastika itself.
|
| It is not the same symbol.
|
| If we're going to argue about the visual aspect of the
| symbol, please look at this image and tell me if these
| two symbols look like the same to you.
|
| https://i.imgur.com/kK6aBK0.png
| skrtskrt wrote:
| You're cherry-picking, poorly, from the Wikipedia
| article.
|
| How does your selected sentence help your point?
|
| > The swastika symbol, Wan or Wan , is an ancient
| religious symbol in various Eurasian cultures, _now also
| widely recognized for its appropriation by the Nazi
| Party_
|
| Also you tried to pick the two visual representations
| that are the most different, but the first image in the
| article[1] has the subtitle "The swastika is a symbol
| with many styles and meanings and can be found in many
| cultures."
|
| The second image's subtitle says "The adoption of the
| swastika by the Nazis and neo-Nazis is the most
| recognisable modern use of the symbol in the Western
| world."
|
| [1] https://upload.wikimedia.org/wikipedia/commons/thumb/
| 2/21/Fo...
|
| I have to say I find it odd when people choose to die on
| a hill of being obviously, provably wrong about something
| Nazi-related.
| schroeding wrote:
| Yes it is, the swastikas of buddhist temples are
| Hakenkreuze - they just have a different meaning. The
| Japanese call them Manji - is it also a different symbol?
| No, it's just a different name.
|
| Take a look at this book from the 19th century, about the
| religious symbol, notice the name: https://books.google.d
| e/books?id=VbkNkkgHvYgC&pg=PA1&printse...
|
| The orientation does not matter, take a look at the
| Zeppelintribune of the Nurnberger Reichsparteitagsgelande
| - it had a _gigantic_ Hakenkreuz on top, in a non-angled
| configuration.
| Mo3 wrote:
| It may very well be the same geometric structure. It is a
| COMPLETELY different symbol (as in, speaking about
| symbolic meaning)
|
| The man himself in his book Mein Kampf wrote,
|
| > "I myself, meanwhile, after innumerable attempts, had
| laid down a final form; a flag with a red background, a
| white disk, and a black hooked cross in the middle. After
| long trials I also found a definite proportion between
| the size of the flag and the size of the white disk, as
| well as the shape and thickness of the hooked cross."
|
| > "As National Socialists, we see our program in our
| flag. In red, we see the social idea of the movement; in
| white, the nationalistic idea; in the hooked cross, the
| mission of the struggle for the victory of the Aryan man,
| and, by the same token, the victory of the idea of
| creative work."
|
| Correct me if I'm wrong, but assigning new symbolic
| meaning to a symbol results in a new, unrelated symbol.
| schroeding wrote:
| You wrote
|
| > Hakenkreuz is not "literally the name for a swastika".
| Hakenkreuz literally translates to hooked cross.
|
| But it literally is the translation for swastika. There
| are books from the 19th century talking about the
| Hakenkreuze in buddhist temples. And yeah, you can
| translate it to hooked cross. But English is not the
| authoritative language on this topic, German is, as the
| Nazis did not speak english (as their native language).
|
| (Original Nazi sources ahead)
|
| Take a look at this edition of "Volk and Rasse": https://
| www.google.de/books/edition/Volk_und_Rasse/n9sZAAAAM...
| On Page 465, there is a description of a "racial school"
| in Berlin with the name "Swastika". Because it's the same
| symbol. This Book was published by the Rassehauptamt of
| the NSDAP, directly by the Nazis.
|
| The Hakenkreuz as a religious swastika is also being
| mentioned in this book: https://www.google.de/books/editi
| on/Der_S_A_F%C3%BChrer/wdU7... Published for the SA, also
| directly by the Nazis. They directly reference it as
| "also a swastika, like our swastika".
| Mo3 wrote:
| > But it literally is the translation for swastika.
|
| No, it is not. Even Hakenkreuz, in German, does not
| translate to Swastika.
|
| Hakenkreuz is, as typical for German, made up of two
| distinct words - Haken, hook, and Kreuz, cross.
|
| It is very likely that "Hakenkreuz" had simply at some
| point developed upon seeing a Swastika and trying to
| visually describe it in German, which would make it a
| pointer/reference. A lot of German words have exactly
| this mechanism of origin.
|
| Now, I'm not trying to argue with you that a Hakenkreuz
| simply used to be a reference/pointer to a Swastika, BUT
| it was only until the original reference was appropriated
| and perverted by the Nazi regime, making the resulting
| output most definitely a new and distinct symbol with a
| new, distinct symbolic meaning.
| schroeding wrote:
| I fail to see where you disagree with me, on the
| ethmological part. Yeah, Hakenkreuz describes the
| swastika, a "Kreuz" mit "Haken" on the ends, but then...
| it still is just the German word for swastika, no? Like
| "Hakaristi" is in suomi / finnish. "Eisenbahn" still is
| just the word for railroad and not for "iron track", even
| though it's technically correct :D
|
| "This tempel has a big, golden swastika" could be
| translated as: "Dieser Tempel hat ein grosses goldenes
| Hakenkreuz" or "Dieser Tempel hat eine grosse goldene
| Swastika", neither of them is wrong, even today.
| chimeracoder wrote:
| > Hakenkreuz is not "literally the name for a swastika".
| Hakenkreuz literally translates to hooked cross. It has
| nothing to do with a Swastika and the Swastika was not
| the blueprint or inspiration for the Hakenkreuz.
|
| This is mind-boggling revisionism. The swastika was a
| well-known symbol even in Europe by the beginning of the
| 20th century, recognized as an Eastern ("Oriental")
| symbol, and Europeans even had a general, albeit
| bastardized, understanding of its meaning. In fact, you
| can still see examples of pre-Nazi swastika use in parts
| of Europe today, in older buildings and designs, although
| those have been getting replaced over the years. Most
| recently, Finland's air force dropped the swastika from
| their imagery. They had adopted the symbol in 1918, by
| which point the swastika was a popular symbol in
| Europe[0].
|
| It's wild to claim that the Nazis were somehow completely
| unaware of the symbol they were using, especially because
| the Nazis themselves were so open about their
| (revisionist and ahistorical) beliefs regarding the
| "Aryan master race".
|
| You're trying to draw a distinction between the word
| "Hakenkreuz" and "swastika", and that distinction simply
| does not exist. "Swastika" is the original, Sanksrit name
| for a symbol that was (and is) used in religious imagery,
| and which was later appropriated for political purposes
| by far-right authoritarians in Germany. Those Germans
| used a German descriptor for that symbol, but there is no
| question about where they got that symbol from, because
| they made zero efforts to hide it.
|
| [0] https://www.bbc.com/news/world-europe-53249645
| Mo3 wrote:
| I am not quite sure what you're trying to argue about.
| The Swastika has been around for a long time, the
| Hakenkreuz may or may not be inspired by it, however the
| Nazis not once used the term Swastika, or referred to it.
| The common mistranslation of Hakenkreuz to Swastika in
| the English speaking world is a deliberate mistranslation
| propagated by a British Christian priest.
| skrtskrt wrote:
| So you're simultaneously saying that
|
| 1. the Swastika symbol has been around a long time, been
| used by many cultures and countries, is basically
| universally recognized
|
| 2. but when the Nazis used it, it's not Swastika, because
| they called it something different, so there's no way to
| know if they were influenced by the identical symbol that
| everyone already knew about
| Mo3 wrote:
| 1) Yes
|
| 2) No, it might have been influenced in some way, but
| it's still not the same symbol. Neither symbolic nor
| visually.
| chimeracoder wrote:
| > 2) No, it might have been influenced in some way
|
| Again, just to be clear, it's not that "it might have
| been influenced in some way". It's that Adolf Hitler
| specifically talked about his reasons for using the
| swastika in his manifesto.
|
| > Neither symbolic nor visually.
|
| As explained at length elsewhere in this thread, the two
| symbols are not visually distinguishable without
| additional context. You can easily find religious uses of
| a swastika which are literally visually identical to Nazi
| uses of a swastika.
| chimeracoder wrote:
| > The Swastika has been around for a long time, the
| Hakenkreuz may or may not be inspired by it
|
| Adolf Hitler literally explains his use of the symbol,
| and its origins, in _Mein Kampf_. There is no "may or
| may not", unless you are somehow trying to argue that
| Adolf Hitler is not an authoritative primary source on
| Nazism.
|
| > the Nazis not once used the term Swastika
|
| I don't know if this is true (and I'm disinclined to take
| this claim at face value), but even if it is, it's
| besides the point. The fact that the Nazis openly took a
| symbol from another source, admitted that they did so
| _because of the connection to that other source_ , and
| then appropriated it for a different purpose is what's
| relevant, not the fact that they chose a German
| descriptor when talking about that symbol instead of
| using a loanword.
| Mo3 wrote:
| You mean this part in Mein Kampf?
|
| > "I myself, meanwhile, after innumerable attempts, had
| laid down a final form; a flag with a red background, a
| white disk, and a black hooked cross in the middle. After
| long trials I also found a definite proportion between
| the size of the flag and the size of the white disk, as
| well as the shape and thickness of the hooked cross."
|
| > "As National Socialists, we see our program in our
| flag. In red, we see the social idea of the movement; in
| white, the nationalistic idea; in the hooked cross, the
| mission of the struggle for the victory of the Aryan man,
| and, by the same token, the victory of the idea of
| creative work."
|
| Nowhere, in the whole book, is the Swastika and its
| symbolic meaning mentioned as a direct inspiration for
| the Hakenkreuz. Instead, the Nazis attributed their own
| ideology to the symbol, but not even to the Swastika
| itself, but to it's form, and furthermore that doesn't
| change anything about the Swastika itself.
|
| Wikipedia states;
|
| > The swastika was also understood as "the symbol of the
| creating, effecting life" and as "race emblem of
| Germanism"
|
| You know what, I'm going to attribute huge penises to the
| McDonalds symbol, so any big penis is from now on Ronald
| McDonald.
| E4YomzYIN5YEBKe wrote:
| Hakenkreuz is not the German word for swastika anymore
| than swastika is the Sanskrit word for Hakenkreuz.
| chimeracoder wrote:
| > Hakenkreuz is not the German word for swastika anymore
| than swastika is the Sanskrit word for Hakenkreuz.
|
| In the sense that a dictionary translates one to the
| other and vice versa, sure, you're correct.
| schroeding wrote:
| You're right, and it's easily provable by looking at old
| literature. The word "Hakenkreuz" is ancient and was used
| in the 19th century[1], decades before the national-
| socialism.
|
| I have a hard time understanding why so many people
| _want_ them to be two different symbols. The symbol is
| not the problem, but the meaning it conveys, right? The
| context matters, see the difference between Germany and
| Finland - both used the Hakenkreuz, but they are not the
| same, as the context is different, isn 't it?
|
| Context is everything. The German Army still uses a
| version of the Iron Cross, but the context is different -
| using the same symbol on a flag from the German Empire
| has a vastly different meaning.
|
| [1] For example: https://books.google.de/books?id=VbkNkkg
| HvYgC&pg=PA1&printse...
| Mo3 wrote:
| > The symbol is not the problem, but the meaning it
| conveys, right?
|
| Correct me if I'm wrong, but if you take a symbol, rip
| out its symbolic meaning, replace the symbolic meaning
| with a completely new symbolic meaning, in my opinion you
| end up with a new symbol that may share some visual
| aspects, but has nothing to do with the other symbol in
| terms of what a symbol actually is - conveying symbolic
| meaning. It's still going to be a new symbol with
| different context, and calling a Hakenkreuz (as used by
| the Nazi regime) a Swastika is more likely incorrect than
| correct.
|
| Appropriation and following complete perversion of the
| original symbolic meaning does not make the resulting
| output interchangeable with the original symbol.
| schroeding wrote:
| I searched for the original text in Mein Kampf in German,
| he wrote:
|
| "Ich selbst hatte unterdes nach unzahligen Versuchen eine
| endgultige Form niedergelegt; eine Fahne aus rotem
| Grundtuch mit einer weissen Scheibe und in deren Mitte
| ein schwarzes Hakenkreuz"
|
| As established[1], the word Hakenkreuz was already used
| at that point to describe the swastika, including in the
| original religious meaning. So he wrote "a black
| swastika". Translating it as "hooked cross" is IMO like
| translating "kindergarten" to "child garden", technically
| correct, but weird.
|
| > Correct me if I'm wrong, but assigning new symbolic
| meaning to a symbol results in a new, unrelated symbol.
|
| Does it? The German Bundeswehr still uses the Iron Cross.
| It's the same symbol, it has the same name, the same
| origin. But doesn't the meaning differ, whether you see
| it on a German tank now or on a tank of the Imperial Army
| in WW1 or the neck of a german officer in WW2?
|
| I'm not sure whether or not there is a definition of
| symbol. If you define a symbol as a character or icon
| paired with a certain meaning, then you're right. But
| that would imply that e.g. the weird S[2] everyone draw
| at school was a different symbol every time. Would you
| agree with that?
|
| [1] see my link to the old book, or just search on Google
| Books for "Hakenkreuz" in the 19th century [2]
| https://en.wikipedia.org/wiki/Cool_S
| Mo3 wrote:
| > But that would imply that e.g. the weird S[2] everyone
| draw at school was a different symbol every time.
|
| I'm not sure, this symbol is not known in Germany or at
| least has not been when I went to school there, but if
| the general context, meaning or reference of all of these
| S symbols is the same, and no matter the exact visual
| representation the intent behind it was the same, then
| yes. It's probably the same symbol, but again I'm not an
| expert on symbols.
|
| > Does it? The German Bundeswehr still uses the Iron
| Cross. It's the same symbol, it has the same name, the
| same origin. But doesn't the meaning differ, whether you
| see it on a German tank now or on a tank of the Imperial
| Army in WW1 or the neck of a german officer in WW2?
|
| Yes, the intent behind displaying the symbol is
| different. I believe it could be regarded as a new
| iteration of this symbol.
| schroeding wrote:
| Ok, fair enough, then we just have different definitons
| of symbols, and there apparently is no hard definition.
| :D
|
| > I'm not sure, this symbol is not known in Germany or at
| least has not been when I went to school there
|
| Interesting, it was when I went to school! Maybe it's not
| as universal as the internet thinks it is. But the
| meaning surely was different, in my class it was used by
| the class clown as a personal symbol of approval :D
| chimeracoder wrote:
| > I have a hard time understanding why so many people
| want them to be two different symbols.
|
| Neo-Nazis have spent years spreading misinformation about
| this, because (ironically) conflating the two allows them
| to use Nazi imagery more openly and with a greater degree
| of plausible deniability[0]. Unfortunately, that means
| that the vast majority of people who don't know any
| better[1] end up falling for the propaganda, because it
| _sounds_ believable.
|
| [0] You'll see a low-effort verison of this on places
| like Twitter or other Internet forums, where people will
| write U+5350 in their display name or signature, and when
| called out on it, will immediately claim that "it's
| religious and you can tell by the direction it's
| pointing" (which is wrong). Of course, actual Neo-Nazis
| will openly use that exact character (U+5350) as a Nazi
| symbol with no concern for the direction or orientation -
| because, again, it's not about distinguishing the two;
| it's about creating plausible deniability through
| confusion.
|
| [1] eg, people who are not Hindu (and therefore would be
| familiar with its religous use) or Neo-Nazis (and
| therefore would be familiar with its Nazi use)
| mise_en_place wrote:
| > Contrary to popular misconception, there is no inherent
| difference between a swastika as used in religious
| imagery and a swastika as used by the Nazis.
|
| This is just plain wrong, I'm not sure what the
| counterfactual is here. The Nazi symbol is rotated by 45
| degrees, the other one isn't. Context doesn't matter one
| bit, they're two distinct sigils. You could make the
| argument that the swastika heavily influenced the
| creation of Hakenkreuz, but they are two distinct
| symbols.
| chimeracoder wrote:
| > This is just plain wrong, I'm not sure what the
| counterfactual is here. The Nazi symbol is rotated by 45
| degrees, the other one isn't.
|
| No, you are incorrect. The Nazi one is often "rotated",
| but it is not always. It's quite easy to find photos
| where it is not, such as this from Nuremberg in 1937.
| https://www.gettyimages.com/detail/news-photo/nuremberg-
| rall...
|
| The religious swastika does not have inherent
| directionality; its orientation depends on the context in
| which it is used.
| lm28469 wrote:
| > I'm surprised by the connections made.
|
| Increasingly more people see the world through a very
| limited set of prisms. Lots of people online tend to see
| everything through racism/sexism/whateverism and will make
| connections where there are none. It's an easy way to
| discredit the people you're talking with by inferring
| meaning.
|
| Critic Zelensky on a specific topic: you're pro Putin
|
| Critic a woman politician: you're sexist
|
| Use a company that used the word "gas", you're obviously
| antisemitic
|
| Once it's out there on twitter &co nobody will even attempt
| to verify the facts (in this case the two obvious
| explanations you provided) and will just parrot the thing
| ad infinitum
| hintymad wrote:
| I view it as a failure of education. Education should
| produce well-rounded people who are happy, tolerant, and
| calm. Yet the US, for whatever reasons, has been
| producing these kind of angry, impulsive, and less
| tolerant students. Ironically, they are also the bunch
| who are easily subject to hoaxes and can't tell
| information from opinion.
| llanowarelves wrote:
| The most intolerant (despite calling themselves the most
| tolerant) win.
|
| https://medium.com/incerto/the-most-intolerant-wins-the-
| dict...
| noirbot wrote:
| Some of it is also just the difficulty of differentiating
| between an intentionally sneaky bit of whatever-ism and
| an accident. A finance institution using a star of david
| is borderline enough that any savvy marketing person
| wouldn't have let that go out. The use of "gas" on top of
| it is just silly.
|
| There's certainly some amount of what you're pointing
| out, but given how much of modern politics and
| communication is done in dog whistles, with people making
| this level of borderline content and then going "how dare
| you think I'm intending anything by this accident" when
| they make an "accident" weekly, it's becoming more
| important to at least be suspicious of "innocent
| mistakes" by people who should know better.
|
| A company with this much money and international reach is
| crazy to do a major branding move and then be shocked
| that people misinterpret it. It's unfortunate that people
| assume the worst, but at this point, personally and in
| business PR, you have to understand that people will
| assume the worst, so to release something like these
| anyways is either an intentional choice or negligence.
| chimeracoder wrote:
| > That's a swastika symbol which is common in Asia (where
| binance and its founder is from). The nazi symbol is tilted
| and has an opposite image to it.
|
| I'll probably get hammered for saying this, but: no, that's
| not true.
|
| There are many variations of the swastika, and it's not as
| simple as "look which way it's facing" or "see if it's
| tilted". That's a common meme often repeated on the
| Internet, but it's not true and it's trivially falsifiable,
| because it's quite easy to see religious uses of the
| swastika with various different orientations and
| directions. It's also not hard to find examples of Nazi
| imagery - both from the 20th century and contemporary -
| which uses an untilted swastika. Context is what
| differentiates them, not the direction or angle.
|
| > I'm surprised by the connections made.
|
| As someone who works in incident response, I'm more
| surprised by their statement, because it really falls short
| on every level, _even if_ we take it at face value.
|
| I'm more surprised that nobody on the team managed to
| notice the obvious Star of David in that image. Even
| without the text, it's an astoundingly bad look for a
| company in the financial space to use that imagery, and if
| their claim is that nobody involved in the design spotted
| the issue, that's itself quite concerning and raises even
| more questions.
|
| I'm also surprised that an account that currently has _8
| million followers_ is trying to blame this on an intern.
| Intern projects don 't just happen to get publicly
| presented like that on a whim. Even for small companies,
| but especially for ones verified Twitter accounts and which
| are trying to be taken seriously, brand presence is very
| actively managed and a lot of effort goes into every post.
|
| "Blaming the intern" is a tactic that people used a decade
| ago, but you see it much less these days because it stopped
| being plausible. And if we're expected to believe it here,
| then that just raises more questions about how they managed
| to provide an intern with unfettered access like this to
| announce a product with (apparently) zero oversight at any
| point.
| stickyricky wrote:
| Do you believe then that Binance is a neo-nazi
| organization?
| [deleted]
| meerita wrote:
| OMG, seriously.
| 99_00 wrote:
| Those symbols don't have the same meaning in non-western
| contexts.
|
| You are being extremely Eurocentric and colonial in your
| attempt to strip others of their non-white culture.
| llanowarelves wrote:
| Americans are more obsessed with Nazis and the Holocaust
| etc. than the countries where it actually happened.
| cuteboy19 wrote:
| Four dot + non-rotated swastika is an asian religious symbol.
|
| Accusing CZ of being a Nazi is .... Interesting. Though I
| guess it is in Vogue considering a Jewish president is also
| being accused of being a Nazi
| ipaddr wrote:
| Which becomes true if supporting neo-nazi groups fighting
| in Mariupol against Russia is included.
|
| There are very few saints in war.
| hintymad wrote:
| It's a shame that someone who frequented HN is not aware of
| chirality.
| djbusby wrote:
| I'm here pretty often and have never heard that word. For
| other like me (from a quick search):
|
| Chirality is simply a geometric property which dictates
| that the mirror transformation of an object is a non-
| identity operation, i.e. the object and its mirror image
| are non-superimposable by any translation or rotation.
| hintymad wrote:
| I didn't mean the term itself but the geometric property
| in the context of different swatika symbols.
| gilleain wrote:
| Indeed, anyone who has two hands should be awate of
| chirality.
| nytesky wrote:
| Facebook, Coinbase, all these companies publicly announcing
| hiring freezes. There should be plenty of other tech companies
| and non tech hiring, but will this soften wages?
| ripper1138 wrote:
| All those crazy 500k+ offers going around over the last 6
| months are already softer thanks to RSU value dropping. Some
| people are already getting 30% less then they thought they were
| getting (at least for now).
| ldjkfkdsjnv wrote:
| The big secret is those companies knew a sell off was
| imminent and that their stock was overvalued. The 500k offers
| were really 350k offers in disguise.
| ripper1138 wrote:
| Totally agree
| jstx1 wrote:
| I really doubt this. Why do you think they knew a sell off
| was imminent?
| fullshark wrote:
| Just they went public
| peyton wrote:
| At the $1T+ scale, their CFOs are constantly road-
| tripping to find new institutional buyers. It stands to
| reason they'd perhaps know which way the wind was blowing
| based on those interactions.
| buzzthro wrote:
| Why would they need to go woo institutional buyers? At 1T
| they're already probably part of S&P 500 and other
| standard investment indexes. All the mutual funds, ETFs,
| pension plans are bought into them.
| rbinv wrote:
| Honest question: what does a public company have to gain
| by convincing institutional buyers to buy its stock? I
| can't imagine that to have any lasting effect on the
| stock price.
| cwmoreiras wrote:
| Because they have financial analysts working for them.
| somebodythere wrote:
| If hedge funds can't reliably predict a market crash, why
| do you think a team of accountants at an Amazon office
| can? And if they could, why don't they exit their core
| business and get into trading stocks?
| wbsss4412 wrote:
| The difference is between a reliable prediction and a
| precise and timely prediction.
| jmopp wrote:
| The accountants at Amazon have material non-public
| information that they can't act on for obvious reasons,
| but if they know beforehand - for instance - that sales
| aren't growing as fast as they used to, or that luxury
| purchases are trending downward, they can forecast that
| their own price might slump in the next few months.
| mateo411 wrote:
| They can still buy and sell their own company, but they
| have to respect the black out dates.
| colinmhayes wrote:
| It's all about timing.
| nowherebeen wrote:
| > hedge funds can't reliably predict a market crash
|
| Hedges can predict a recession is coming, just not the
| timing. They have been saying it for the last 12 months.
|
| > a team of accountants at an Amazon
|
| Amazon hires ex-bankers to work for them. They aren't a
| team of accountants. It's a cushy corproate job that many
| bankers take. It's good to do when you don't want to
| hustle long hours anymore.
|
| > And if they could, why don't they exit their core
| business and get into trading stocks?
|
| What?!
| ushakov wrote:
| for me personally it was rate-hike rumors/announcement by
| the Fed
|
| in high-rate environment high-risk high-growth stocks are
| unattractive, so investors pull the money out and invest
| it into "safer" assets
|
| don't forget that many investors are leveraged too and a
| sale of one big investor might trigger a selloff chain
| reaction
| hypomanic wrote:
| it's easy to predict the past
|
| did you short?
| ushakov wrote:
| i don't short, but i buy more at lower price
|
| it's well-known economic fact that after a crisis there's
| always recovery
| iamacyborg wrote:
| How'd that work out for Enron?
| jakear wrote:
| Insider trading is illegal for a reason.
| mywittyname wrote:
| Well, there are two categories of wages for tech workers:
| FAANGs and everyone else.
|
| If the tech stock bloodbath continues, that certainly will
| impact wages on the FAANG side. People might start leaving for
| places that offer more cash comp, or FAANGs might increase RSUs
| to compensate.
|
| It seems like a lot of the recent wage growth is at the lower-
| mid tiers, which make up the bulk of the industry. So, if
| companies that pay in the $80-120 range start cutting back on
| hiring, we might see a softening of wages for normal
| developers. I have not seen this happening...yet.
| buzzthro wrote:
| Not necessarily. The FAANG stock prices are low right now due
| the overall market slump (except may be FB or NFLX). They
| will highly likely bounce back along with the rest of the
| market in a while. So getting a fat count of RSUs from a
| FAANG company at a bargain price (usually based on price
| on/around starting date) may likely have a huge payoff in a
| few years.
| laluser wrote:
| I agree, but you are still betting on a lottery ticket
| here. Likely, a lot of companies might not recover and just
| slowly grow (Netflix?) and not make too much movement.
| tedivm wrote:
| I've gone through several jobs over the last year (I managed to
| join a company that got acquired by a company I wasn't happy
| with).
|
| Smaller and medium companies are offering great salaries right
| now. I took an offer for over $300k just on salary. I know
| others who are jumping ship from the big companies to smaller
| ones while still getting a big bump in salary. Even with this
| market slump there are far more open positions than there are
| people to fill them, which means those people can demand quite
| a bit.
| bogomipz wrote:
| Can I ask what space you work in where they are offering 300K
| base at a smaller or medium company? Is this in
| Finance/Fintech ?
| tedivm wrote:
| I've avoided fintech in my career- I currently work for a
| company called Aptible (currently hiring, and with great
| revenue so we're not dependent on investment) that manages
| infrastructure for companies that need HIPAA compliance.
|
| That said I interviewed for a bunch of companies, and with
| the exception of a small few all of the salaries were above
| $250k. This is for principal level roles.
| laluser wrote:
| Demand is still huge for tech jobs. Even outside of tech,
| there are more jobs than there are people to fill them.
| laluser wrote:
| Facebook and Coinbase are unique cases. Coinbase was fueled by
| cheap money and crypto craze. Facebook is ceding way to TikTok
| and due to huge investments in VR tech. Companies with profits
| should tighten the hatches and come out fine after 12-18
| months.
| linuxftw wrote:
| Previously they had announced expanding their NFT offerings.
| Hopefully the executives realized that was a fruitless endeavor.
| dominotw wrote:
| why do they post this public blogpost. Companies change their
| hiring patterns all the time. I don't understand why they need to
| make a blog post about it.
| otterley wrote:
| Possibly because they think investors need to know about it -
| since they are a publicly-traded company - and want to avoid
| running afoul of SEC regulations. (Note: I am not a securities
| lawyer; this is admittedly a guess.)
| thebean11 wrote:
| A blog post to not run afoul of SEC regulations? I don't
| think so..they could easily bring this up at earnings.
| otterley wrote:
| I'm not a securities lawyer but I can imagine that some
| material information might need to be disclosed
| immediately. I'd love a more knowledgeable person to chime
| in.
| benmanns wrote:
| Coinbase did make an SEC filing copy of the blog post: ht
| tps://www.sec.gov/Archives/edgar/data/0001679788/00011046
| 5...
|
| > _On May 16, 2022, Coinbase Global, Inc. ("Coinbase" or
| the "Company") issued a blog post (the "Blog Post")
| relating to its hiring plans. In connection with the Blog
| Post, Coinbase affirmed its expense outlook for the
| second quarter of 2022 and full year 2022 that the
| Company provided on May 10, 2022 in a letter to its
| shareholders announcing its financial results for the
| quarter ended March 31, 2022. A copy of the Blog Post is
| furnished as Exhibit 99.1 to this Current Report on Form
| 8-K._
|
| > _Coinbase announces material information to its
| investors using filings with the Securities and Exchange
| Commission, the Company's website at www.coinbase.com and
| blog.coinbase.com, as well as press releases, public
| conference calls, public webcasts, its Twitter feed
| (@coinbase), its Facebook page, its LinkedIn page, its
| YouTube channel, and Brian Armstrong's Twitter feed
| (@brian_armstrong). Therefore, Coinbase encourages
| investors, the media and others interested in the Company
| to review the information it makes public in these
| locations, as such information could be deemed to be
| material information._
|
| > _The information in Item 7.01 of this Current Report on
| Form 8-K, including Exhibit 99.1, is being furnished and
| shall not be deemed "filed" for the purposes of Section
| 18 of the Securities Exchange Act of 1934, as amended
| (the "Exchange Act"), or otherwise subject to the
| liability of such section or incorporated by reference in
| any filing under the Securities Act of 1933, as amended,
| or the Exchange Act, except as shall be expressly set
| forth by specific reference in such a filing._
|
| So whether or not they were _required_ to communicate the
| slowdown, they did at least consider the post to be
| material information that needed to be communicated with
| investors.
| vmception wrote:
| Nice, they covered their ass
| ectospheno wrote:
| If someone employed there wants to trade then they have
| to announce or risk insider trading. When the trade can't
| wait until the usual information release then you will
| see sudden announcements like this.
| CydeWeys wrote:
| Earnings only happen quarterly. There's lots of events that
| need to be communicated more urgently than that. And
| there's no way you could keep a lid on something like this
| for up to potentially 90 days. People (internally and
| externally) are going to notice that no one is being hired
| there anymore.
| CydeWeys wrote:
| And it's worth pointing out that large companies are
| _constantly_ posting disclosures, sometimes as frequently
| as daily. Here 's one example (Google):
| https://sec.report/Ticker/GOOG
|
| The bar for disclosure is quite low, and is not dependent
| on quarterly cycles.
| mike10921 wrote:
| The point is for outside investors to ensure them that money is
| well spent and the company is on path to success. Common for
| public companies to do this.
| hef19898 wrote:
| For those depending on investor money to survive, aka the
| cash-flow-after-funding crowd. For others not so much, those
| only communicate head count reductions most of the time.
| Vladimof wrote:
| I think they are trying to get the price of crypto to drop....
| to be able to buy back .... I dropped Coinbase long ago, they
| manipulate the market too much (I.E.: You can't sell if price
| drastically go up, etc)
| next_xibalba wrote:
| Coinbase has seen their stock price plummet by 80% in the last
| 6 months. For comparison, the NASDAQ is down 25% and the
| Russell 3000 is down 16% over that same period. In other words,
| Coinbase has performed much worse than most other equities.
|
| This decline in stock price was exacerbated by the recent crash
| in crypto prices and a large net income loss in Coinbase's most
| recent quarterly results.
|
| All of this to say, investors' confidence in Coinbase has been
| absolutely rattled. An announcement of a hiring slowdown/freeze
| or layoffs could accelerate the Coinbase sell off if it is
| misinterpreted as evidence of a meltdown of the business. So
| Coinbase is trying to get out in front of and own the message
| around their change in hiring patterns. "We are acting as good
| stewards of your investment, and no reason to panic."
|
| This post surely addresses many stakeholder groups, but
| investors seem to be the primary constituency that is being
| reassured.
| MomoXenosaga wrote:
| If crypto is mostly a "get rich quick" scheme and shortcut to
| riches plummeting prices will cool down the hype fast.
| There's no such thing as a money printing machine that
| doesn't backfire.
| duped wrote:
| It's not a get rich quick scheme, it's a Ponzi scheme. o
| Once you can't convince new suckers to buy in the system
| collapses and the one left holding the bag loses
| everything.
| maerF0x0 wrote:
| if that's a ponzi scheme then so is the USD.
| burntoutfire wrote:
| The USD has intrinsic value - the US government insists
| on receiveing its taxes in USD, and only in USD. This
| alone creates trillions of dollars per year of real
| demand for USD. Crypto doesn't have anything like it.
| agentultra wrote:
| Why not just shut down now and give everyone a nice package
| instead of dragging it out and laying folks off with nothing/the-
| minimum-legally-required?
|
| Has anyone thought of doing that with a business or is the
| default instinct to fight it out until the bitter end?
| etaioinshrdlu wrote:
| I heard rumors that they are actually planning layoffs.
| ripper1138 wrote:
| The amount of hiring in the past 12 months is insane.
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