Earlier quoted context omitted.
Here's the thing: mass layoffs make it easier to get rid of people with performance or behavioral problems in a lot of jurisdictions. I had to let someone go at a company we had just acquired in Montreal a few years ago. The guy was underperforming and had a huge attitude problem (bursts of anger actually). One of the frequent arguments he had with everyone was that he insisted he didn't need to learn French to live…
I usually just casually lerk on HN for topics I'm interested in learning about or generally topics I don't have expertise in. This whole layoff discussion had been an eye opener for me as to how uninformed a lot of comments are and just made on speculation. I was there at the North acquisition, the vast majority of people kept there jobs and so did the founders. People keep talking about these layoffs like they were…
Layoffs Are Cruel and Don't Work
251–260 of 279 posts
Re: Layoffs Are Cruel and Don't Work
#252Re: Layoffs Are Cruel and Don't Work
#253I think this misses a piece of logic. A reason companies downsize because their growth plans didn't come through. Like at the moment where tech companies scaled up for the pandemic imagining growth would continue at that rate.
So now we are saying that companies that made a sound strategic plan perform better than companies that had to rip their plan up and start again. Layoffs are the effect, not the cause.
It is childish to say that layoffs don't work. When a company runs out of cash it dies. Losing staff is hard, but if you can't afford them you can't afford them. Most managers hate layoffs too, even a psychopathic manager would see it as a failure.
So whilst layoffs may set back your plan, at least the company survives.
For clarity, there is no excuse for being shitty to staff during layoffs. US labour laws seem particularly weak in this area.
Re: Layoffs Are Cruel and Don't Work
#254Surely there's much worse to come? Look at how much compensation came down in investment banks since the 00s. It's not conceivable that these large firms require tens of thousands of geniuses to function.
Re: Layoffs Are Cruel and Don't Work
#255> Imagine you had a dog... Imagine that instead of a dog, it's an adult who makes their own choices and gets paid money, and who signed a contract where the terms of employment were spelled out very clearly..
Imagine it was a contract where the only two options were "eat" or "not eat"
Re: Layoffs Are Cruel and Don't Work
#256Earlier quoted context omitted.
You being a person is not mutually exclusive with any of those other sentiments. They are able to coexist.
After WW2 they found out that a lot of the Germans who commited war crimes were completely normal and decent people just following orders. Managers aren't bad guys but they WILL follow orders.
You can say no… I did when my then boss asked me to fire people because he personally didn’t like them.
Re: Layoffs Are Cruel and Don't Work
#257This is a completely naive view of companies and how they work. An alternative metaphor is this: imagine you got a dog, raised him, lost your sources of income and couldn’t afford to feed him. You kept him anyway out of pride or loyalty or whatever, and watched as he withered away without adequate resources to make him thrive. At the same time, others were looking for dogs and were fully willing to feed them and supp…
During the pandemic lots of ppl got pets… acting on impulse. Now they realise a pet is a lot of work and it’s not for them.
Re: Layoffs Are Cruel and Don't Work
#258Re: Layoffs Are Cruel and Don't Work
#259Earlier quoted context omitted.
You’re assuming downsizing is a consequence of financial trouble. It has not been the case for almost every layoff that happened recently.
How do you reckon that? All the big tech companies had huge income declines.
Re: Layoffs Are Cruel and Don't Work
#260Earlier quoted context omitted.
That isnt true. If the demand for brain surgeons doubled overnight, no amount of wage hike is going to magically double the supply of brain surgeons.
Sure it won't double it overnight, but if we give people enough time to train (4-8 years?) then I think it would have a significant effect. Though this example is poor because the quantity of new brain surgeons is restricted by various regulations and agreements (so we'd also have to assume those went away). If you look at an unregulated field like software I think it's pretty clear that the huge increase in demand f…