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Churn and Burn 

The idea is to hire people, squeeze everything from them by overloading with a hard work, then throw them out with no mercy, hire other employees - and do the same with the new one.
With their funding getting cut, they were just hiring people, working them 60-80 hrs per week, firing them with no mercy, then repeating with the next candidate. The typical churn and burn scenario.
Words you can keep

Churn and burn 

An environment that burns its occupants with short and fast pressures:
1. Cranking shit out
2. If you cant cut it at work you get fired and replaced... Your ass gets turned over
'but if i could stick it out here i could probably start making 6 figures in a year so i duno, we'll see'

'yeah, that's serious wedge'

'Fo chou but it's churn and burn tho, no real brand loyalty'
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