4 ms·
Agreed. There's a lack of justification, and moreover I would expect the opposite. With all the recent layoffs, right now many companies might be OK with some
by adrianmonk 2y ago
Agreed. There's a lack of justification, and moreover I would expect the opposite.
With all the recent layoffs, right now many companies might be OK with some attrition. It's one of the least ugly ways to reduce payroll costs. It's not as bad for PR or morale as layoffs would be. And you don't have to pay severance.
And if you lose more employees than you wanted to, it should be easy to hire new people because of laid off people who haven't found new jobs yet.
Sure, losing valued senior employees will have a negative impact. But they're also usually paid a lot, so I doubt business people will cry very hard about it.