9 ms·
Yes a lot of companies hired a lot more. A lot of money also got distributed in this process which otherwise wouldn't have. Laid off employees got some work exp
by geodel 3y ago
Yes a lot of companies hired a lot more. A lot of money also got distributed in this process which otherwise wouldn't have. Laid off employees got some work experience out of it. Better than nothing.
I don't get this stuck up argument again and again Why did they hire before? As if there is some really great answer that can reveal itself by repeatedly asking this question.
> Cutting would be better than freezing salaries.
Many would like same or lower salary than being laid off. Those who looking for higher salaries can move on just like they always have.
- throw8383833jj 3y agoi thought the answer was Jack welch philosophy of management: always overhire and then prune 10% of your workforce every year. the theorey goes that way, you keep the best and loose the rest. But, that assumes that employees are interchangable like cogs which isn't true. plus, most companies aren't necessarily able to determine who's best and worst and may even end up laying off those who are better.