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Companies announcing "X" layoffs typically don't need to lay off "X" people, they actually need to lay off "X + N" people; they are counting on attrition follow
by makecheck 12y ago
Companies announcing "X" layoffs typically don't need to lay off "X" people, they actually need to lay off "X + N" people; they are counting on attrition following such an announcement to quietly make up the difference. That makes the press (slightly) better, and the people who quit because they sense a sinking ship, etc. won't cost the company in severance packages either.
- marcosdumay 12y agoIt's funny to see all those people on HN talking about "redundancy" and "letting people quit on their own", as if people were perfectly fungible - and in a software company! Yep, I'm sure they'll save a lot in severance when their best people quit.