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My first week at a new job, half the company got let go. And a few months later, it got slashed even further. I don't have the specific numbers but at the end o
by antjanus 11y ago
My first week at a new job, half the company got let go. And a few months later, it got slashed even further. I don't have the specific numbers but at the end of the year, we went from over 200 to about 80ish. (I hope I got the numbers right)
Anyways... Half the company met in one place (and they got let go) and half the company stayed.
Do a single cut. The second cut prompted people to lose faith in the company. It didn't matter what the CEO said, most people simply believed that "this was it". Many started to look for other jobs. I believe the first one we called the "bloody Tuesday" and the second one was a "bloody Friday". It became a permanent joke/non-joke that whenever a big meeting was called, people were going to be let go. Or whenever someone talked about "strategy", it meant cutting departments. Not a good thing AT ALL.
Don't be a dick about it. From what I know, the people that got let go got a good severance and references. Both good things.
Make sure the morale stays up. Many of us had issues dealing with it. Productivity dropped, faith in the company, etc. Actually, the worst part was watching higher up people stay and not be affected, and slack off on top of it.
Nothing worse than seeing someone who makes 6 figures play Mario Kart in the break room for the whole day a few weeks after all this happened.
What DID help was that us lower folk started playing video games over lunch. It fostered new friendships, and helped us get productive again. But that got cut as well after people complained (to this day, I don't get it).
- jryanwilliams 11y ago^I agree with the note above. Very easy to loose faith in a company who didn't cut deep enough. I survived a layoff round only to be furloughed for the week after Christmas a few months later. Had lots of time during a cold winter to think about how I should have quit months ago.