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Strategic shifts are the only reason mass layoffs exist. If it's a slow shift according to market pressure, then you expect the ratio of incoming:outgoing to dr
by setr 5y ago
Strategic shifts are the only reason mass layoffs exist. If it's a slow shift according to market pressure, then you expect the ratio of incoming:outgoing to drop slowly. If it's stable, you expect the ratio to be stable. If someone decides to a do a re-org, or a new strategy and this whole department is no longer necessary in the new model, the ratio drops fast.
Otherwise, why would you drop a whole slew of people suddenly? For the fun of it?
- TameAntelope 5y agoThey weren't mass layoffs, it was a handful of people. For some reason 50-190 people out of 9,500 is getting called a "mass layoff", when in reality it's nothing more than a fat trimming exercise. 0.9%-2% is not a "mass layoff".