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General layoffs are just never a good idea unless as the very last resort. I've personally seen the demoralizing effect it creates, triggering more people to l
by jdlyga 4y ago
General layoffs are just never a good idea unless as the very last resort. I've personally seen the demoralizing effect it creates, triggering more people to leave the same year. For highly technical teams, you can never really replace the institutional knowledge you're losing.
- pojzon 4y agoI thought the term is “tribal knowledge” and yes it will cost companies ALOT if they fire incorrect ppl. Often times you have 2-3 ppl out of 6-8 that carry the cart while 3-4 are juniors or diversity hires. Firing those 3 will have devastating consequences, firing the other 4 wont make a dent. Firing based on excel is the most stupid thing you can do as a manager.
- sp332 4y agoI think "institutional knowledge" is more common.