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Layoff should be done with a large cut, but one round. If done right, it gives people the motivation to turn things around. Multiple rounds of layoff in a short
by thanhhaimai 3y ago
Layoff should be done with a large cut, but one round. If done right, it gives people the motivation to turn things around. Multiple rounds of layoff in a short amount of time (multiple rounds per year for example) gives the signal that the management can't figure out what is needed to turn the company around. At that time, your bests and brightests will leave.
- mschuster91 3y ago> At that time, your bests and brightests will leave. The best and brightest will start looking for greener grass the second the first layoff round hits, no matter what. Companies that offload the risk of bad management decisions to employees instead of investors are not any employee's friend.