3 ms·
Not necessarily better, at least for the company. The slow burn works out much better for them: - Gets rid of employees who were on the fence of leaving anyway
by treesknees 2y ago
Not necessarily better, at least for the company. The slow burn works out much better for them:
- Gets rid of employees who were on the fence of leaving anyway
- No need to pay out unemployment
- No need to pay out unused PTO (depends on the state)
- No need to notify months in advance (WARN act [1]) or risk heavy fines
- End up with "loyal" employees in the end
If they can get through the short-term pain of losing some good workers, it will eventually balance out, and the show will go on.
[1]
https://www.dol.gov/agencies/eta/layoffs/warn https://www.dol.gov/agencies/eta/layoffs/warn
https://www.warntracker.com https://www.warntracker.com