3 ms·
They don't need to do a layoff to do a layoff. If you just set the (new) HC to 0 or significantly below replacement rate, you get reduction in staff just due to
by karamanolev 4y ago
They don't need to do a layoff to do a layoff. If you just set the (new) HC to 0 or significantly below replacement rate, you get reduction in staff just due to churn. When teams are sizeable, even with very low churn they lose employees over time. And then if you are more insidious, you can start introducing unpopular measures "in the name of business" that increase churn.
- jupp0r 4y agoThis is much better than layoffs for employees.
- chrisbaker98 4y agoLooking at the size of the severance packages that Meta, Stripe etc. have been giving in recent downsizings, I think I'd rather be laid off.
- kmonsen 4y agoThat’s reducing costs, not layoffs. Words have meaning.