4 ms·
It’s interesting because slashing hiring plans at a big company is almost akin to a full fledged layoff at a later stage private company. Simply because of attr
by zuhayeer 4y ago
It’s interesting because slashing hiring plans at a big company is almost akin to a full fledged layoff at a later stage private company. Simply because of attrition levels at these large companies, just stop hiring and stay put for a while and you’ve trimmed size. Way different for a startup where people are sticking around for a payday.
- gundmc 4y agoWhen the economy turns south the attrition rates go WAY down. If things are truly bad, no one wants to leave a stable and secure gig.
- aetherson 4y agoYeah, I think this is part of the great relearning that we're going into after a decade plus of bull markets: if the job market isn't hot, you can just... Not leave your job after two years.