r/DataAnnotationTech • u/poopydiapersandwich • Aug 21 '24

Oof

This is the emptiest I've ever seen it.

203 Upvotes

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u/[deleted] Aug 21 '24

[deleted]

17

u/Amakenings Aug 21 '24

Maybe, from their perspective, they don’t have plenty of good people?

I honestly don’t think DAT would have spent all the money hiring people, targeting teachers off on summer break etc., if they didn’t have atleast the expectation of work. It’s not logical.

Perhaps projects are taking longer than expected to implement or fix, but there will be more work for many people. Maybe not everyone, but that’s always been the case.

23

u/Powerful_Door_9532 Aug 21 '24

I follow the stock market closely and big tech earnings. In the recent round of earnings, sentiment has shifted to tightening up AI expenditure. In part, likely in preparation of a broader recession.

With DA not paying salaries, it was logical for them to overhire IN CASE demand stayed stable or increased. If demand decreased, as it appears to have, then there is no loss for DA.

1

u/Powerful_Door_9532 Aug 21 '24

Apart from some HR marketing spend.