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The problem with small companies is that sometimes, instead of (or in addition to) layoffs, the whole company just go kaput. There was more transparency that t
by omoikane 4y ago
The problem with small companies is that sometimes, instead of (or in addition to) layoffs, the whole company just go kaput. There was more transparency that the end is near, but it might not have helped.
The same is also true of small teams inside large companies. It's a fractal of transparencies.
- shaftway 4y agoSmaller companies also are exempt from some laws that protect employees. e.g. the WARN act (requiring 60 day notice of layoffs) doesn't kick in until you have 75 employees. I've been involved in a company that made sure not to cross that line because it was always teetering on the brink, and that kind of requirement would have been catastrophic.