I worked for a hedge fund that fired the bottom 10% every year. I lasted 9 years and my first boss was fired after I was ready to quit 6 months in (figured iwas

I worked for a hedge fund that fired the bottom 10% every year. I lasted 9 years and my first boss was fired after I was ready to quit 6 months in (figured iwas about 2 weeks away from quitting). Not all firms that employ such tactics are terrible. Sometimes, you need to get rid of the people that just arent cutting their weight. 10% isnt a hard rule, just a guideline.