4 ms·
The company holiday was probably planned months in advance. Usually, contracts are signed and it's very hard to get out of it. They could have not gone on retre
by yardie 3y ago
The company holiday was probably planned months in advance. Usually, contracts are signed and it's very hard to get out of it. They could have not gone on retreat, paid for the hotels and flights anyway, and still laid everyone off. The C-levels probably worked on the levels a few weeks before it happens.
- withinboredom 3y agoI venture canceling the contracts/flights would have been cheaper than keeping them though.
- Kye 3y agoEverything I've heard from people I know who organize events is that cancelling is very, very expensive and gets more so the closer you are to the date. Venues carve that space out for you and expect your attendees to spend a certain amount on food and alcohol. When you cancel, they're out a lot of money. Both from your event and the event they could have booked. That's why it gets more expensive as it gets harder to find a replacement.
- withinboredom 3y agoYes, it’s expensive, but usually not more expensive than actually going there (including incidentals like Uber rides, bar tabs, etc). The only thing is, you save ~30-60% of your money, but when compared to salaries, it’s probably not enough to make a meaningful difference. Anyway, it’s usually not just about the money, but getting away and doing stuff as a team (even if the team doesn’t know about the layoffs).
- selimthegrim 3y agoOn the levels?