4 ms·
> Maybe that's true for your employer. But it's bold to generalize. Certainly not true for the company where I work. And a quite sad view. (Disclaimer: I'm not
by quectophoton 2y ago
> Maybe that's true for your employer. But it's bold to generalize. Certainly not true for the company where I work. And a quite sad view.
(Disclaimer: I'm not a business person, so I have no idea what the correct fancy terms are for any of these things.)
If the company had to choose between survival thanks to firing someone ("recovery to positive" predicted after all legal unemployment stuff has been paid), vs loyalty keeping people on payroll risking bankruptcy[1] if the current trend continues, then I would expect them to choose fire-now-and-secure-survival, rather than don't-fire-because-i'm-sure-it-will-all-work-out-somehow-if-i-stay-loyal.
After all, as an employee, I would also choose assured survival (moving companies) over loyalty (staying in the same company) the second I realize staying at the current company isn't beneficial for me (i.e. what the company pays me vs cost of living, not enough for savings, too little time to spend with family, always way too tired, etc).
If your company would choose loyalty over being profitable, then that's interesting for sure. (EDIT: Though there's some companies that just run at a loss off the founder's savings, so it could be possible. I'm not denying your claims, just find them unusual.)
[1]: Either because company is already on negative profit ("debt"? no idea if that is the correct word), or because current profit isn't enough to please VC and risks losing their support which would then put them on a negative profit situation.