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Unfortunately whether someone is checked out is a laggy measure. Even good honest motivated people can become checked out without even being aware of it. The
by escapecharacter 2y ago
Unfortunately whether someone is checked out is a laggy measure.
Even good honest motivated people can become checked out without even being aware of it.
The alternative is to lay off people as soon as they hit 1.0 (with a severance bonus on the scale of an acquisition). This would obviously be worse, as you can’t take advantage of their institutional knowledge.
- saturn8601 2y agoThis motivated part of Musk's moves at Twitter(and now DOGE). You can't reliably evaluate which people are checked out and when you are against the clock, you have to take a hatchet and accept that you will break things that are in motion.
- chronid 2y agoYou can somewhat reliably evaluate what works and what does not, what brings you forward and what is slack you can cut. It takes time (6-12 months at least) of very engaged work of a very engaged team - which you can bring with you. You can go the hatchet way - I am strongly unconvinced it is indicative of anything resembling good management, mind - but most people and companies cannot rely on banks or investment firms loaning them 40 billion dollars and accepting passively a mark down of their mone~ to 1/4 of the value they loaned down the line. CEOs are ousted by investment firms for a far smaller drop in value all the time.
- disgruntledphd2 2y agoThe banks have mostly sold the loans at par now, fyi. I agree with everything you said, though.
- scarface_74 2y agoAnd seeing how many people they let go and then had to hire back in the government and seeing that Twitter is worth 80% less than we he bought it, that might not be the best strategy.
- shigawire 2y agoThe externalities of breaking stuff haphazardly can very well outweigh any efficiency gains.
- escapecharacter 2y agoIgnoring the quagmire of praising/critiquing Musk/Twitter for a second… If you’re an exec who’s taken it upon themselves to evaluate, could use the hatchet, or you take some amount of time to figure out how things work. Whether this is okay depends on who is suffering the externalities. If it’s a private corporation, legally it’s the execs + employment law. If it’s a public service that measures toxin levels in water, uhhhhh.