I'm not sure what you mean by "even pre 2020". High comp did not just start with... | Hacker News

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		tempsy on April 21, 2023 \| parent \| context \| favorite \| on: Lyft to Cut at Least 1,200 Jobs in New Round of La... I'm not sure what you mean by "even pre 2020". High comp did not just start with covid. This had been the case for many years before the pandemic.

herval on April 21, 2023 [–]

there was a crazy spike in hiring and salaries during the pandemic, with many companies hiring whoever they could find, as fast as possible (hence with higher salaries). I'm assuming that's what OP is referring to

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