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How do stealth layoffs function and how did the Dutch government make it possible (as I'm understanding your comment saying)?
by MrDresden 3y ago
How do stealth layoffs function and how did the Dutch government make it possible (as I'm understanding your comment saying)?
- meeuwer 3y agoWhen a corporation runs out of money, the managers get an assignment to hand out a high number of performance improvement plans to their direct reports. Those who can leave, prefer to resign. Those who can’t, stay and play along and face either no pay adjustment / no promotion or risk getting fired for “underperforming” after a while. Either way, the company achieves its goals of reducing the costs and headcount. Of course this works only if you have a well-oiled HR machine and docile managers, which is typical for every Big Corp out there.