Why are tech employees burntout while new grads cannot find jobs?

1. sometimes less is more. having more people around can cause more communication challenges, require more guardrails in the code etc. as not necessarily like an overall unit of output. 2. the impact that an engineer can have in general isn't just like 1x 2x it can't be like tedx or more of business impacts that someone can have. so some of those Engineers are just not dividable into any number of new grads to replace them. 3. new grads aren't expected to have positive impact for the first 6 months to a year as they ramp up. so if you have one person who's having tremendous impact, it's not really an option to just replace them with five new grads because those five new grads are going to need a while to ramp up and they'll be actually not just the loss of the more senior person, but even it more additional loss from the ramp up. 4. in the boom times companies had so much momentum and support that they could do this and hire as many new grads as they could. and have plenty of time to ramp up and at a lot of those people eventually turn into really impactful Engineers who have long careers at the company. but you need a lot of people on board including Wall Street to be able to pull this off. and right now Wall Street wants efficiency so this is a hard sell.