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I think almost by definition a layoff is to remove redundant/bottom performers to keep the machine clean and lean, that’s capitalism for ya
by repeekad 2y ago
I think almost by definition a layoff is to remove redundant/bottom performers to keep the machine clean and lean, that’s capitalism for ya
- mmooss 2y agoThe reason given is usually to cut costs, because the company claims to lack the cashflow or income to pay them. If the company can't afford it or doesn't believe they need it, they cut meat and bone and not just fat. Look at the news organizations laying off reporters in large numbers. The news organizations' product suffers considerably.