3 ms·

Your best employees are the most likely to leave via attrition, because they have the most opportunity elsewhere. In theory, a small layoff can target the leas

• georgemcbay 4mo ago
  > Your best employees are the most likely to leave via attrition, because they have the most opportunity elsewhere. But this remains true after a layoff and the layoff often acts a motivator for your best employees to start looking even if they weren't previously. Usually they aren't thinking "well, glad I survived that layoff and now my job is safe forever", they are thinking "huh, is this a sinking ship? Maybe I should look around and see what else is out there..." ...speaking as someone that has been at several companies during layoffs...
  • rconti 4mo ago
    yeah, it seems like it would have to be accompanied by a pay bump for the ones you really want to retain... which is challenging from an optics perspective.
    • wrs 4mo ago
      Perhaps, but there are optics only when someone sees. It's not unusual to fund retention increases using some of the budget freed up by a layoff, but that won't be explicitly stated in a public announcement.