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At every large company, especially after the growth period, there will be 10-15% of people which can absolutely be fired without any effect on operations. It i
by atemerev 4y ago
At every large company, especially after the growth period, there will be 10-15% of people which can absolutely be fired without any effect on operations.
It is difficult to let them
go en masse because the people and the media will happily go with torches and forks to blame you with everything that’s wrong with capitalism. Unless everyone else in the market is also in the firing mood.
Big Tech views layoffs as an opportunity long overdue, and now it is the best time for them to execute without too much outcry.
- nickcox 4y agoAnecdotally, it's not just the lowest performers who are being laid off.
- atemerev 4y agoAlso entrenched high performers with extremely high salaries (to be replaced with young enthusiasts at the beginning of their career cycles), also some random people too — just like a simulated annealing schedule for performance optimization. I am not defending the moral side of these decisions, just saying that this is how all corporations aiming to maximize shareholders value work.
- IMTDb 4y agoYes, you can be a good performer working on a failed product (stadia, HoloLens, ...). If the product is cut, you might be let go.