That was peak tech idiocy. If I remember correctly nearly half the company took the severance package? Generous of them to offer all that free money, but a crazy business decision.
I’m not saying DHH is a great company leader (I don’t know!). But did the business do worse afterwards? Having too many employees can hinder the business, even if they are great people.
They say that before the layoff in 2021 they had been trying to grow aggressively. And since the layoff they have decided to stay small and not rehire. They say they were 83 and now they are 60. Specifically they have not hired anyone to be a full time manager since. Now everyone works on non-managerial tasks. Management is only part of your work.
I did see David post that they had 1500 applicants for a recent job posting. They offer extremely good pay for remote jobs outside SF and the US so it makes sense that lots of people are interested.