💰 Billionaire tech CEO says Meta and Google over-hired so much they didn't have enough work for employees: 'They really were doing nothing'

TL;DR

Thomas Siebel, a billionaire tech CEO, says the "craziness" has finally gone out of the market when it comes to over-hiring at companies like Meta and Google. "I'm not suggesting that we're in any way superior in our work ethic, but there are people who like to work together in teams, and have a book in their hand, and like to work on really hard problems," Siebel said.  said he thought that remote work has spurred "productivity paranoia" among managers

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