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Salesforce will lay off 10% of staff as part of restructuring

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Re: Salesforce will lay off 10% of staff as part of restructuring

#141

I propose the title should be changed to “Salesforce decimates staff as part of restructuring”. :)

Very well done! Is there a word for when you use a word in the excruciatingly correct way but are guaranteed to misguide 99% of the audience who reads it?

Re: Salesforce will lay off 10% of staff as part of restructuring

#142
post #103

Maybe it's just the segment I'm in, but I feel like Salesforce was hiring pretty hard up until recently. They wouldn't be the only company to go from a hiring spree to layoffs that quickly over the last quarter. We really need to lock this absurdity down and increase severance requirements for large companies heavily. It's one thing to gamble risk for the company, it's something completely different to gamble employe…

If you do that companies will be more reluctant to hire, since they’ll have to factor in the risk of paying a hefty severance.

Do you like the current status quo where employers are not reluctant to hire, and they're just as likely to lay folks off?

Where's the efficiency for employee or employer?

Re: Salesforce will lay off 10% of staff as part of restructuring

#143
post #137

Earlier quoted context omitted.

If you do that companies will be more reluctant to hire, since they’ll have to factor in the risk of paying a hefty severance.

That's the whole point

Does that really make sense if layoffs only happen a minority of the time after hiring sprees?

Re: Salesforce will lay off 10% of staff as part of restructuring

#144

I propose the title should be changed to “Salesforce decimates staff as part of restructuring”. :)

Very well done! Is there a word for when you use a word in the excruciatingly correct way but are guaranteed to misguide 99% of the audience who reads it?

"Literally", which is such a word itself.

Re: Salesforce will lay off 10% of staff as part of restructuring

#145
post #131
post #121

Earlier quoted context omitted.

Huh. Romans invented stacked ranking.

It’s a bit more ironic than that —- at least according to to Wikipedia, they drew lots (I.e randomly) for the individual who was killed.

Layoffs

Re: Salesforce will lay off 10% of staff as part of restructuring

#146
post #131
post #121

Earlier quoted context omitted.

Huh. Romans invented stacked ranking.

It’s a bit more ironic than that —- at least according to to Wikipedia, they drew lots (I.e randomly) for the individual who was killed.

I get the feeling that this is more-or-less how stack ranking actually tends to pan out.

Re: Salesforce will lay off 10% of staff as part of restructuring

#147
post #103

Maybe it's just the segment I'm in, but I feel like Salesforce was hiring pretty hard up until recently. They wouldn't be the only company to go from a hiring spree to layoffs that quickly over the last quarter. We really need to lock this absurdity down and increase severance requirements for large companies heavily. It's one thing to gamble risk for the company, it's something completely different to gamble employe…

There was a slide deck by Sequioa going around recently, wherein one of the points was that the companies that cut costs hard and fast at the beginning of the recession were more likely to survive to the end of it.

Either that or they see something the rest of us don't when looking at economic data (a long recession).

Re: Salesforce will lay off 10% of staff as part of restructuring

#148

Earlier quoted context omitted.

Very well done! Is there a word for when you use a word in the excruciatingly correct way but are guaranteed to misguide 99% of the audience who reads it?

"Literally", which is such a word itself.

99% literally use literally wrong though.

Re: Salesforce will lay off 10% of staff as part of restructuring

#149

Earlier quoted context omitted.

Wouldn't that have the same problem? You'd need to break either down by cost of living area to solve it.

No because the revenue per employee multiple has the employee costs scaled on both sides of the ratio.

How so? Revenue isn't scaled, unless you do the thing I said.

Re: Salesforce will lay off 10% of staff as part of restructuring

#150
post #131

Earlier quoted context omitted.

It’s a bit more ironic than that —- at least according to to Wikipedia, they drew lots (I.e randomly) for the individual who was killed.

I get the feeling that this is more-or-less how stack ranking actually tends to pan out.

More like, managers playing favorites
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