Triple up-vote for this. That said, As said before, I would say if they get more applications than anyone else, their pool of possibilities is larger, so, even if their hiring process is sub par, it's still possible to get more better people. They have a lot of good people and quite a few really good people. And, likely more of those really good people. Someone has done the numbers. It's a question of efficiency and maybe one of those smart ones is optimising it. It's quite possible that the process that looks shit on the outside is producing the right numbers.