A phenomenon I’ve recently witnessed is what I’m calling the “fauxquihire” (a purposefully ugly mouthful, though not any worse than acquihire.) In particular, there was a company, with a decent-sized design team, that made a strategic shift in its business, that meant it no longer made sense to have an in-house design team. If it were 5 years ago, this would be a simple (and unfortunate) layoff, with things like severance and, one hopes, a program to help folks find new work.
Now, in this overheated job market (at least in Silicon Valley), this team was being served up as a kind of acquihire, where other companies were offered the opportunity to hire the entire team, and were expected to give the provider some kind of premium in terms of a per-head fee. This way, the provider turns a liability (a team that they can’t get enough value from) into a highly desirable asset. But, it’s not really an acquihire, because the providing company still exists and continues to go about its business.
I don’t have anything more to say about this, except that I find it interesting, and indicative of just how nuts things are in terms of design talent around here.