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> SOP for poorly run companies is to lay off the most expensive employees This is assuming companies are being "poorly run" as opposed to being pushed out of m
by Supermancho 3y ago
> SOP for poorly run companies is to lay off the most expensive employees
This is assuming companies are being "poorly run" as opposed to being pushed out of market by monopolistic (or duo, etc) practices and economies of scale. The largest companies have been acting predatory (like 90s MSFT) for some time now.
In tech, I have seen a reliable pattern. Most of the contractors go first, then the highly paid middle management, then the highly compensated tech talent.
- kstrauser 3y agoThe ones firing their most senior FTEs first are certainly the poorly run ones.
- tonyedgecombe 3y agoBack when I was contracting the pattern was to fire their own staff first, particularly those with domain knowledge. Then they would offer the contractors full time jobs at half their contract rates. I didn't do many contracts where I wasn't offered a job by the end of the contract.