4 ms·
Yes, it’s much better to cut fast and deep one time.
by johnbellone 4y ago
Yes, it’s much better to cut fast and deep one time.
- xpe 4y agoAll other things equal, sure. However, proper reasoning while taking into account uncertainty is not so simple. Let's do a thought experiment. Let's say you are the CEO and your estimate for the necessary layoff ranges between 2% and 11%. What to do? One and only one round of X% layoffs? What should X be? Or perhaps start with a round of 5% layoffs. The hope would be that the uncertainty decreases. Time passes. You might not need an additional round. Or if you do, it can be done more accurately.
- CamelCaseName 4y agoWhy? Let the proles panic and leave on their own accord, it will cost you much less in severance.
- x86x87 4y agoThis works short term. Long term people will remember it and you'll have problems attracting anyone to work for you.
- rossdavidh 4y agoYou get very little from your employees in the meantime, the ones you are still paying, as they have a much harder time concentrating, and also don't know that they have any reason to care about the company's future. The first week or two after a layoff is very glum and unproductive.