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 @8dbe0d95 The myopic approach to understanding revenue trends has always bothered me about any business.

Me during the pandemic: Yes, we see an increase in revenue and sign-ups because this is an anomaly. Shouldn’t we treat it like an anomaly and prepare accordingly?

Investors then: It’s a boom! Let’s spend and hire like never before!

Investors now: We could never had predicted the slowing economy. We’re really sorry we have to lay off all these people. 
 @90431d67 I'm even more cynical and I believe they knew they were hiring into a boom, but they needed a bunch of stuff done, and that they could fire those people when the boom was over, and all protestations to the contrary are crocodile tears. 
 @8dbe0d95 I agree with this assessment.