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Even if your business is entirely unaffected a recession, it may still be sensible to do a light layoff before things turn. Especially if you've just gone throu
by dcolkitt 4y ago
Even if your business is entirely unaffected a recession, it may still be sensible to do a light layoff before things turn. Especially if you've just gone through several years of an extremely tight labor market.
The reality is most of the big tech companies have had to staff under pretty unfavorable conditions over the past few years. That's meant either scraping the bottom of the barrel in terms of the less talented. Or ballooning TC packages. If you think that all of a sudden it's going to become a buyer's market for employers, then you probably want to free up some spots today. Especially among your weakest performers or your most overpaid.