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I think you explained yourself very well, you said that the company should cut perks and put the money into re-training employees to avoid layoffs. Cutting per
by henrikschroder 11y ago
I think you explained yourself very well, you said that the company should cut perks and put the money into re-training employees to avoid layoffs.
Cutting perks will gut the company morale.
Re-training on the job is already available at most SV companies of this size. You want it, you get it.
The original article that called out the lavish party was explicitly doing so to paint Marissa as a CEO that spends frivolously, and the author wanted her to move that money from employees to the investors instead.