Anytime I see layoffs like this, All I hear is "We hired for the sake of hiring when money was cheap and we wanted to signal 'growth', But now reality has set in and we need our employees to serve a purpose beyond simply headcount". In my opinion they did these employees a disservice by hiring them in the first place. We need our companies to act more responsibly regardless of the price of capital. Innovate sure, but…
What's the consequence for doing your employees a disservice? Maybe a few of the best and most important employees get jaded and quit. Morale company wide takes a hit. These companies don't seem to care and I guess I'm not sure they should. For me, it's not just morale that's gone to shit, but I feel like I've woken up to the nature of the employer/employee relationship with all these layoffs. I was blind but now I s…
Now, remember this the next time you’re tempted to lose sleep, sacrifice family time or leisure for your employer and then act accordingly.