3 ms·
If your CEO is a MBA you will have 10% layoffs every year, with hiring happening simultaneously. It is called the vitality curve. They believe that in a given
by 29athrowaway 3y ago
If your CEO is a MBA you will have 10% layoffs every year, with hiring happening simultaneously.
It is called the vitality curve.
They believe that in a given workforce, 10% are non-producers and have to be put in a PIP or laid off.
https://en.m.wikipedia.org/wiki/Vitality_curve https://en.m.wikipedia.org/wiki/Vitality_curve
These layoffs usually happen at the same time during the year.
- horns4lyfe 3y ago[flagged]
- 29athrowaway 3y ago[flagged]
- bitcharmer 3y agoYup, and I find it incredible that seemingly very intelligent people make absolutely insane decisions like this. Is this short-term greed that makes MBAs do dumb stuff?
- 29athrowaway 3y agoMBAs do not use the scientific method. They do whatever has worked before even if the understanding of how it worked is incorrect.
- peterclary 3y agoIn other words, they keep cargo-culting it, claiming responsibility for the wins and blaming staff, the economy, etc. for the losses.
- 29athrowaway 3y agoYes. That is why AI will outperform them.
- apwell23 3y agowould be funny explaining to the markets that the company is doing a double blind experiment with layoffs.
- marcosdumay 3y agoWell, when the observed conclusion can't absolutely follow from the premises, you are supposed to reevaluate your premises. I'd start with that "very intelligent" one.
- deleted 3y ago[deleted]
- therealdrag0 3y agoI don’t get why everyone is so skeptical of this. It makes sense to me based on my experience. Everywhere I’ve worked has had an obvious bottom 10% that was low or negative productivity. I think stack ranking is bad, but accelerating un-regrettable attrition is a no brainer if you want high performing teams.