It's all in effort of "line goes up" in the immediate short-term despite the fact that a year from now these companies are going to struggle to complete difficult projects. My company has layed off a number of 10, 15, 20+ year veterans because they were highly paid. Now there are gaps in knowledgeable folks to tap for help and Juniors are being forced to perform to a Senior level without proper support.
The pandemic growth periods caused every company to loose their damn mind to make growth projections based on those insane numbers for a time that should have been ruled out as an outlier. I know these MBA fucks had to take a business stats class, but literally dropped the fundamentals when they saw big $$$. Now they're cutting the talent that fostered their primary growth and will be looking back 6 months from now wondering why they still aren't growing. Well surely the Juniors aren't working hard enough!
The scary thing is, this is legit how the marketing course I had to take taught the concepts. The whole course was from the perspective that people are too dumb or overburdened to make decisions on what products they should buy, so marketing and ads are our savior to take that oh so hard critical thinking away. I wish I was kidding, but everything about that class felt like "how can we abuse psychology to force people to consume."