5 ms·
What's the best evidence on how companies should do layoffs these days? These instances where people announce they're going to be doing them over the coming few
by tracerbulletx 3y ago
What's the best evidence on how companies should do layoffs these days? These instances where people announce they're going to be doing them over the coming few months seems so crazy to me because the culture goes to extremely depressed survival mode, and presumably everyone including the people you want to stay start looking for work?
- wilg 3y agoIs that what they did here? Article doesn’t say it.
- makeitdouble 3y ago> everyone including the people you want to stay start looking for work If you're laying off a sizeable portion of your employees, there's absolutely no way to tell a specific subset to not think hard about their options and what they'd do if they're next. In many places you can't just fire thousands of employees the next day without heavy penalties, so doing it as transparently as possible (which also means months in advance), with clear paths for people to get out is probably the best approach and will let the remaining people understand they can trust you not screwing them over if/when time will come.
- johnnyanmac 3y agoIronically enough, Epic did it the best. It's sudden (which I guess is for "security reasons" or whatever) and devastating mentally. But at the same time, you give me 6 months severance and I'll happily pack my bags. 3 months severance should be the expected amount, since that seems to be around the amount of time modern tech interviews take (4-6 rounds over 5-8 weeks. Plus some wiggle room). I don't think there will ever be a "good layoff" strategy. Just make it less stressful to move on, either by making the interviewing process faster or the severance larger than 1 month (the amount I got on 2/3 occasions I was laid off. First layoff didn't give me squat).