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Layoff the people with know-how, but also hire a bunch of salespeople with lucrative commission plans.
by bluetwo 10y ago
Layoff the people with know-how, but also hire a bunch of salespeople with lucrative commission plans.
- kregasaurusrex 10y agoPrimarily this. PE firms tend to do a poor job at putting people in charge who know a company's full stack operations, and tend to underpay new non-sales hires which results in a net loss of talent for the company. Do this too often and you become a stagnant company that can't draw in new customers.