Maybe we can start a discussion on the content rather than our emotions from the headline?
Some of the best parts here:
> Today many of our managers have only a few direct reports. That made sense to optimize for ramping up new managers and maintaining buffer capacity when we were growing our organization faster, but now that we don’t expect to grow headcount as quickly, it makes more sense to fully utilize each manager’s capacity and defragment layers as much as possible.
> A leaner org will execute its highest priorities faster.
> we’re focusing on returning to a more optimal ratio of engineers to other roles.
> I think we should prepare ourselves for the possibility that this new economic reality will continue for many years. Higher interest rates lead to the economy running leaner, more geopolitical instability leads to more volatility, and increased regulation leads to slower growth and increased costs of innovation.