4 ms·
Last in first out is very situational. Note I just moved company for similar situations and so I am obviously bias. Anyway my thinking was: - is this a hyper gr
by noam_compsci 4y ago
Last in first out is very situational. Note I just moved company for similar situations and so I am obviously bias. Anyway my thinking was:
- is this a hyper growth company that has 2-5x its headcount in the pandemic?
- is this a unionised workforce?
first point: companies like coin base were rapidly growing into new Geos and verticals. These were teams with maybe a handful of old employees and then a sea of new ones. So when the vertical or geo got axed, just by the numbers a lot of “new” people got axed. Same story for Snapchat (their newish gaming dept) and TikTok (gaming again).
Second point: labour laws are very different to what they were a few decades ago. It’s no longer really expensive to get rid of old employees. I have no data here but my experience is that weakened labour laws have made firing more performance based and you know the performance of your existing work force best. If you move and are seen immediately as the future direction of the company, you are gold dust.
Just my 2 cent