4 ms·
I think layoffs tend to always look good to management and investors because of the pareto principle (80% of the work being done by 20% of the people). You cert
by overgard 4y ago
I think layoffs tend to always look good to management and investors because of the pareto principle (80% of the work being done by 20% of the people). You certainly get a short term cost saving. The downside though is that other 20% is not necessarily stuff you want your best performers working on, and there's always going to be another 20%.
- disgruntledphd2 4y agoAnd, unfortunately, most companies are terrible at identifying that useful 20%.
- asdff 4y agoIts always nice how management uses easy-to-remember mathematical principles without considering the shape of their data or the proportion of variance explained by these factors, and if that principle would even be applicable.