2 ms·
This sparks a lot of questions for me. Obviously some markets are hit really hard by covid, but for any company that was already considering layoffs, now is pro
by singron 7y ago
This sparks a lot of questions for me. Obviously some markets are hit really hard by covid, but for any company that was already considering layoffs, now is probably a great time to do them and scapegoat covid.
Also for the tech companies, it's often unclear what job types are affected. E.g. engineers often aren't included in layoffs since they are such big investments, and a hiring freeze will eventually reduce their headcount due to attrition. Operations are often first to go since their need fluctuates with the volume of the business.
- Judgmentality 7y ago> Obviously some markets are hit really hard by covid, but for any company that was already considering layoffs, now is probably a great time to do them and scapegoat covid. Velodyne is getting sued for laying people off and blaming it on the virus (yes there is more to the story, but that's not a misleading summary). https://www.bloomberg.com/news/articles/2020-04-04/silicon-valley-startup-firings-over-virus-face-early-court-test https://www.bloomberg.com/news/articles/2020-04-04/silicon-v...