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GP said they have overhired, which is definitely bad managing, or that employee aren't productive, and if >5-10% employees are non-productive that is a managing
by YetAnotherNick 4y ago
GP said they have overhired, which is definitely bad managing, or that employee aren't productive, and if >5-10% employees are non-productive that is a managing or interviewing problem as well.
But saying it has nothing to do with employee is also not correct. If someone is signing up for a company that does not manage its finance sustainably, they should expect this. And company would only overpay if they aren't focusing on cost at that moment. So for all the folks who managed to double their CTC in COVID period should be prepared for this case.
- retinaros 4y agowhat are you saying exactly? most of the companies that fire people now are seeing their highest revenue ever in their history.
- testrun 4y agoThey do now, but they are looking at tomorrow. Nobody has a clear idea what is coming down the turnpike at the moment. (China economy, high inflation, Ukraine, unipolar to multi-polar world, interest rates going up, high energy costs, global warming, de-population in some countries, health care costs blow-outs due to boomers going into 65+ age range etc).