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One way to think about 10% downsizing at a company that doubles in size roughly annually is its being off schedule about a month. IF they go back to doubling i
by VLM 4y ago
One way to think about 10% downsizing at a company that doubles in size roughly annually is its being off schedule about a month.
IF they go back to doubling in size every year, THEN its a short term one month layoff. Looking at the numbers, this specific company example is not going back to doubling every year.
I think it gets engrained into the DNA of the company that they double every X months or X years and its hard to shift the culture when the company flatlines or even slightly declines. "Why, we always onboard 10% of our workforce per month, its just what we do" and when you grow that fast there are literally people who's entire day job is onboarding, like typing in new W-2 and insurance forms all day long or whatever.