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Tech Tycoon Reignites ‘Fake Work’ Firestorm at Big Tech

Rary Maharani
Last updated: May 21, 2024 2:56 am
Rary Maharani
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1 Min Read
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  • Andreessen Horowitz investor ignites ‘fake work’ debates.
  • Ulevitch cites billions misspent on fruitless endeavors over redundant roles.
  • Remarks reignite scrutiny over Big Tech’s excessive hiring amid layoffs for efficiency.

Contents
Silicon Valley showdown: punches thrown, egos bruisedThe great corporate overstaffing

Silicon Valley showdown: punches thrown, egos bruised

In a candid interview, Andreessen Horowitz investor David Ulevitch ignited fresh debates around “BS jobs” and workforce bloat, taking direct aim at Google as a prime offender.

Ulevitch boldly claimed half of Google’s white-collar workforce likely engages in “no real work,” citing billions poured into fruitless endeavors over decades as shareholder funds misspent on redundant roles.

The great corporate overstaffing

The seasoned VC echoed infamous critiques of Big Tech’s ballooning “laptop class,” labeling excessive hiring practices as detrimental vanity metrics that constrain profits and stifle innovation.

As tech titans continue mass layoffs to boost efficiency, Ulevitch’s scathing remarks reignite the longstanding “fake work” conflagration, further stoking scrutiny over Silicon Valley’s corporate cultures and workforce priorities.

TAGGED:div5

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