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I 100% agree with you and the ability to scale workforce up and down is a key factor in market competitiveness. But offer rescinding is equivalent of a first responder taking off your tourniquet and simply refusing to put another on, leaving you to bleed out. If you can't afford another tourniquet maybe don't take off the one that's holding things together.

IMO hiring be done with a more medium term (6-12 months) mentality based on available runway, and sending out an offer and then rescinding on it usually is a symptom of bad organization where department heads are hiring without CFO buy-in. Maybe just freeze hiring and do layoffs when runway goes below certain level?




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