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> 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 marke
by 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