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But isn't there an incentive not to do it given the payout they'd have to pay for someone so senior?
by noobermin 4y ago
But isn't there an incentive not to do it given the payout they'd have to pay for someone so senior?
- mywittyname 4y agoKeeping them around is expensive too.
- alecbz 4y agoBut if the senior person is in a role that the company ultimately wants staffed, they're going to need to hire someone else to replace them, who will be new and less effective? (Though OTOH, given the current macro, maybe they can get away with paying the replacement less?)
- satysin 4y agoIn my personal experience some random senior employee isn't even pennies on the dollar when it comes to the total amount factored into the layoffs that are in the hundreds of millions. The bigger factor is are you in a position that requires the company longer to replace you? If so you may just be in that shit position of being kept on another 6 months until the next round of layoffs and get a package half as good. As the first poster said always get out first if you can as the packages never get better the worse a company does. Never fool yourself into thinking you're too amazing to be let go and that is why you 'survived' this round of layoffs. The worst case is as I said, you are too good to be let go of yet.