Layoffs Don't Work
thehustle.co
Layoffs Don't Work
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Re: Layoffs Don't Work
#2[flagged]
Re: Layoffs Don't Work
#3[flagged]
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Re: Layoffs Don't Work
#4The other question is why C-suite does even need to tell the respective division management to lay off employees if the actual goal is cost reduction. Shouldn't they impose a budget reduction target instead and trust them to allocate the savings between capex, opex and salary budget according to specific situation at hand?
Re: Layoffs Don't Work
#5They used to be a once a decade "save the company during a recession" move. Now they seem to be a quarterly "manage earnings per share" move.
Re: Layoffs Don't Work
#6[flagged]
Re: Layoffs Don't Work
#7The other question is why C-suite does even need to tell the respective division management to lay off employees if the actual goal is cost reduction. Shouldn't they impose a budget reduction target instead and trust them to allocate the savings between capex, opex and salary budget according to specific situation at hand?
>> why C-suite does even need to tell the respective division management to lay off employees if the actual goal is cost reduction
You answered your own question. For a lot of layoffs, cost reduction isn't the goal; it's disciplining the workforce who were increasingly assertive at work about direction and conditions.
Re: Layoffs Don't Work
#8They used to be a once a decade "save the company during a recession" move. Now they seem to be a quarterly "manage earnings per share" move.
software development costs are out of control the whole industry is one big grift, there’s no accountability anywhere, 20% of the devs are doing 80% of the work, the business would instantly terminate the 80% for cause if they could only discern the difference, but they can’t, because the business side is also a big grift with the exact same problem all the way up to the founders recursively
Re: Layoffs Don't Work
#9[dead]
Re: Layoffs Don't Work
#10They used to be a once a decade "save the company during a recession" move. Now they seem to be a quarterly "manage earnings per share" move.
software development costs are out of control the whole industry is one big grift, there’s no accountability anywhere, 20% of the devs are doing 80% of the work, the business would instantly terminate the 80% for cause if they could only discern the difference, but they can’t, because the business side is also a big grift with the exact same problem all the way up to the founders recursively
Good lord I’m not sure I’ve ever heard it put so succinctly. Well done.