Have you ever wondered why big corporations seem to move at a snail’s pace, while smaller startups are eating their lunch? It’s a frustrating cycle that plays out all too often. They hire hundreds of people for a ‘strategic initiative’, spend months creating slides and holding meetings, only to realize that nothing has actually been accomplished. Meanwhile, revenue flatlines, and panic sets in. The inevitable result? Layoffs, with the usual excuse of ‘market conditions’.
It’s not just about skill or talent; it’s about the bureaucratic red tape that chokes the life out of innovation. Roles like ‘senior director of platform experience enablement’ are created, with job descriptions that boil down to talking about how to improve the platform, rather than actually doing it.
In contrast, smaller startups are agile and focused, building and releasing products quickly. They’re not bogged down by middle management or ‘process’ optimization. It’s no wonder that they’re often the ones disrupting the market.
The truth is, you can’t run a company like a giant group project forever. Eventually, someone takes a hard look at the burn rate and asks the obvious question: what are we paying all these people for? It’s a wake-up call that often comes too late.
So, the next time you hear about layoffs at a big corporation, don’t be surprised. It’s just the inevitable result of a system that’s fundamentally broken.