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> I wish companies, if possible, throttled layoffs a bit more instead of large chunks like this, but that is unlikely as the board/CEOs are looking for a stock
by burntsushi 10y ago
> I wish companies, if possible, throttled layoffs a bit more instead of large chunks like this, but that is unlikely as the board/CEOs are looking for a stock uptick when they do and don't want to drag it out to affect the market value (translation: their own pay / stock value/price).
Have you ever actually been part of a company that did layoffs in chunks like you're suggesting? Experiencing that type of protracted wave of layoffs is not fun at all. In fact, it was down right miserable. Going to work each day with the threat of layoff looming over your head is an incredibly stressful experience.
You might consider that there is more at play than just a few executives getting greedy about dollars.
- hinkley 10y agoI was in the first round of layoffs a couple years back and it was so nice. I got severance when their guilt to cash ratio is still high, no survivor's guilt, didnt have to worry about how to keep everything running with fewer backup people and a few missing experts, and I didn't have to worry about which round I would be in, or who else they would let go who made the job bearable.