SpaceX to lay off 10% of Workforce
11–20 of 557 posts
Re: SpaceX to lay off 10% of Workforce
#12Some think you should do this annually. "Back when he was running GE, Jack Welch famously argued that leaders should fire the bottom 10 percent of their workforce each year, as part of an orderly continuous improvement process." https://www.inc.com/paul-b-brown/should-you-fire-10-of-your-...
Re: SpaceX to lay off 10% of Workforce
#13Re: SpaceX to lay off 10% of Workforce
#14Some think you should do this annually. "Back when he was running GE, Jack Welch famously argued that leaders should fire the bottom 10 percent of their workforce each year, as part of an orderly continuous improvement process." https://www.inc.com/paul-b-brown/should-you-fire-10-of-your-...
Ah the glory of the stack ranking. Microsoft did this as well, and it was much celebrated when they stopped, as the stack ranking had a lot of effects that had nothing to do with performance (like coworkers stonewalling each other, or infighting, and what do you do with an org of rockstars).
Re: SpaceX to lay off 10% of Workforce
#15Some think you should do this annually. "Back when he was running GE, Jack Welch famously argued that leaders should fire the bottom 10 percent of their workforce each year, as part of an orderly continuous improvement process." https://www.inc.com/paul-b-brown/should-you-fire-10-of-your-...
Re: SpaceX to lay off 10% of Workforce
#16Re: SpaceX to lay off 10% of Workforce
#1710% is a big fraction. How often do large, stable companies execute a layoff like that? Sometimes layoffs can be not so bad, for example when that's the company's way of clearing off the managers' firing wishlist without incurring legal trouble. However at 10% of the workforce, this may be a change of direction away from R&D and towards sitting on the falcon 9 and launching to LEO.
1: https://www.edd.ca.gov/jobs_and_training/Layoff_Services_WAR...
Re: SpaceX to lay off 10% of Workforce
#18Is this a bad sign for SpaceX? Is ‘getting leaner’ why they’re really doing this?
Re: SpaceX to lay off 10% of Workforce
#19They've proven that they can make reusable rocket. In the early days they had around 6 launches per year requiring six separate rockets. Now they're hitting 20-25 launches per year and can carry an even larger payload on each launch. But they claim to be able to fly each rocket ten times before needing to make a new one. So you're going from 6 new rockets per year to 2 new rockets per year. Also rockets are not like…
Re: SpaceX to lay off 10% of Workforce
#20Some think you should do this annually. "Back when he was running GE, Jack Welch famously argued that leaders should fire the bottom 10 percent of their workforce each year, as part of an orderly continuous improvement process." https://www.inc.com/paul-b-brown/should-you-fire-10-of-your-...