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What should a business do that has more people on payroll than their revenues can support?
by im_down_w_otp 4y ago
What should a business do that has more people on payroll than their revenues can support?
- kdazzle 4y agoHiring freeze, for one. Then anyone that leaves won’t be replaced and headcount will (presumably) go down trauma free.
- coredog64 4y agoIf everyone does a hiring freeze instead of layoffs, there’s no attrition other than the PIP kind. Ask an Amazonian what that does for morale.
- bombcar 4y agoI think the argument is that you shouldn't get into the position where mass layoffs are the solution, just like you shouldn't get into the position where gastric bypass surgery is your only option. Something like each team is maintaining themselves at a proper rate, laying off inside the team as necessary. But even then you will at times have to fire entire teams, but those aren't really a "mass layoff" so much as "we're not doing X anymore".
- deleted 4y ago[deleted]
- HeyLaughingBoy 4y agoYeah, but reality bites. You're in the situation that you're in and you have to deal with what's in front of you.
- lesuorac 4y agoI mean if your company makes ~150M a quarter and has operating expenses of 217M and cost of revenues of 53M a 6% cut towards your operating expenses isn't going to get you anywhere close to profitable. https://investors.confluent.io/node/8031/html https://investors.confluent.io/node/8031/html
- munificent 4y agoUse those people to build products that increase revenues. Isn't that why they were hired in the first place?