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For clarity, my question was a response to the last part of the article that talks about this topic. I think you’re right that layoffs allow you to take a more

by nilkn 7y ago

For clarity, my question was a response to the last part of the article that talks about this topic. I think you’re right that layoffs allow you to take a more targeted approach and retain top talent to the extent that it’s possible. However, really in-demand employees aren’t generally going to want to work at a financially unstable or insecure company, and layoffs would probably be a sign for them to start looking even if they weren’t impacted.

scarface74 7y ago
In 2011, every developer where I was working knew that the company was on its last legs. Management was completely honest with us. We stuck around any way because we enjoyed what we were doing and knew that we would be able to get a job quickly. We were right, from looking at LinkedIn everyone had another job in less than a month. The people that were left survived three rounds of layoffs. I know this time it’s different than 2008-2011. But no job is stable. The only hope you have is to keep your skillset in line with the market and to have a strong network.