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I'm skeptical that layoffs are the real reason behind this, since it seems like a pretty ineffective way to trim headcount. Even if this results in an additiona
by tfehring 4y ago
I'm skeptical that layoffs are the real reason behind this, since it seems like a pretty ineffective way to trim headcount. Even if this results in an additional 10%[0] of employees getting "partially meets" where they would have previously gotten "meets," that'll only generate what, 2% additional attrition per year? I know "tech layoffs" generates more clicks right now than "tech performance management," but to me the framing here just doesn't make a lot of sense.
[0] The article says they're going to be enforcing their "10% to 15% target" now, and presumably some people are already getting those ratings.