4 ms·
The obligations of the company are different if it’s for performance reasons. If it’s a layoff it’s a lot more. It also sends a negative signal about the compan
by nindalf 3y ago
The obligations of the company are different if it’s for performance reasons. If it’s a layoff it’s a lot more. It also sends a negative signal about the company to customers and investors.
The CEO commenting elsewhere implied they have a stack rank system where they let go of lower performers regularly.
- ndiddy 3y ago> It also sends a negative signal about the company to customers and investors. It seems like that's changed over the past few years. Whenever I see a company doing layoffs now, their stock price always gets a nice boost.
- reaperman 3y ago> implied they have a stack rank system where they let go of lower performers regularly. It's just absurd that the person would get zero feedback about their low rank performance before being summarily let go.