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Nope: some companies, such as Chase, have programs to retain employees and find them other roles within the company when there are layoffs. Chase specifically g
by zimzam 9y ago
Nope: some companies, such as Chase, have programs to retain employees and find them other roles within the company when there are layoffs. Chase specifically gives their employees 6 months notice before eliminating the position to give people time to move around.
Netflix's culture involved letting people go when they were away on short-term disability: that's not business as usual, that's a particularly harsh and unforgiving culture.
- tigershark 9y agothose programs are just a justification to fire people more easily most of the time. Have you got a different first hand experience in the company that you mentioned?
- zimzam 9y agoDo you know that or are you just being cynical? Chase's program saves them money that would have been spent on on boarding and off boarding employees. I also know people who have gotten new internal jobs via Wells Fargo's program. These are real programs that result in retaining people. It is a world of difference between this model of 6 months notice and the chance for a new role and Netflix's we'll fire you if you're sick or away from the office for too long.