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Lately, I see such article titles that paint a 10% layoff as a "shake-up" or use some other doom and gloom language. But in business school I recall learning th
by intrasight 4y ago
Lately, I see such article titles that paint a 10% layoff as a "shake-up" or use some other doom and gloom language. But in business school I recall learning that a lot of companies have as their standard practice to prune off the lowest performing 10% every year.
- bigtones 4y agoThat 'fire the bottom 10% rule' was true in the 80's and 90's and was pioneered by Jack Welsh at GE, and notably Microsoft did a similar thing with their 'stack ranking' system. It's a lot less popular in management today because it breeds a divisive and political employee base that is more concerned about saving their own jobs than productively working towards the company's goals.