3 ms·
It's probably some kind of prisoner's dilemma. If you managed a department of a company which is expanding too fast, and you predict there's going to be layoffs
by hnfong 4y ago
It's probably some kind of prisoner's dilemma. If you managed a department of a company which is expanding too fast, and you predict there's going to be layoffs in 1-2 years, the optimal game theoretic move (for yourself) might be to hire even more aggressively, so that when you're asked to do a x% layoff, your department is buffed up ready to shed the low performers.
- psychphysic 4y agoIt's also a resource problem. What if there isn't a belt tightening in 1-2 years? Now you are resource short compared to competitors and hiring in an even more adverse environment.