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Unless the said companies are funded by government I don't understand why there would be a problem. As a CEO your job is to maximize the profit not to create a
by thefounder 8y ago
Unless the said companies are funded by government I don't understand why there would be a problem. As a CEO your job is to maximize the profit not to create a socialist enterprise. Why should I pay you if I no longer need your services?
That being said I believe things could be done to make the transition easier for workers without hurting the company. For example announcing the layoffs in advance(i.e give a 4 months notice at least). This should be enough so that the workers can find another job.
- tasssko 8y agoThe problem here is you said I. Personally if anyone in my company fires someone because “I no longer need your services” will be fired for hiring someone permanent that needed firing. Also if they follow our hiring criteria we want them in other places. This across the board lay-off is a sign of some kind of corporate correction. My advice is to think of it that the people you manage work for the company not for you. Correction: you don’t need advice.