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This should create enormous business opportunities: Lots of talented, self-motivated, creative, forward thinking, skilled workers looking for a place that value
by wolverine876 4y ago
This should create enormous business opportunities: Lots of talented, self-motivated, creative, forward thinking, skilled workers looking for a place that values them and is forward thinking, including about employment.
Usually, layoffs happen in weak economies. But the economy is strong, unemployment is low. These layoffs are partly about power and ideology - sacrificing business interests.
It's a rare opportunity for people hiring - how often do large companies shed their best people. Better workplaces and new startups should be moving quickly. And it's a great opportunity for the job-seekers to find places that value them and want to do new, innovative things.
It requires you to believe in people as valuable, in cooperative not adversarial relationships, in the potential of human innovation, which can come from anywhere. Just like SV before the new reactionary power grab.
- kortilla 4y ago> how often do large companies shed their best people. Less often than they shed under-performers. Hiring during mass layoffs is difficult because it’s a market of lemons situations. You have to sift through the majority that got let go because their manager identified them as performing below average to find the ones that were laid off because some failing departments were shut down.
- wolverine876 4y agoI think this case is different: The companies may be shedding people who don't want to be in the new 'bossism' culture that focuses on megalomaniacal CEOs (see my description in the GP). At least some companies are arguably prioritizing that culture over talent.
- kwere 4y agounderperforming at FAANG is more than enough for 90% of workplaces