4 ms·
Agreed but job openings in different areas most likely. Hypothetical example: you lay off 200 developers and want to hire 200 sales/marketing folks. Devs don't
by quacker 8y ago
Agreed but job openings in different areas most likely. Hypothetical example: you lay off 200 developers and want to hire 200 sales/marketing folks. Devs don't want to be retrained in marketing (I sure wouldn't).
But, also consider that the PE firm doesn't care all that much. They just need to make the numbers look good, so they replace highly paid veterans for cheaper junior workers. And ultimately, they force the company into treading water with a smaller/cheaper workforce which makes the numbers look good in the short term so they can sell it. Sucks for the company though.