It's simple: There's federal law governing mass layoffs: https://www.dol.gov/agencies/eta/layoffs/warn
10% is already a mass layoff for unicorns.
Why is every layoff 10-15%?
31–40 of 263 posts
Re: Why is every layoff 10-15%?
#32Earlier quoted context omitted.
Since we know that to be false, I assume you're just being a smartass. If you disagree, there are more polite, constructive ways to say so.
You made up a statistic, what good does it do to spread misinformation?
He made an estimate of dead weight based on his experience. I think we can all agree it's >1% and The next step is to discuss the usefulness and your own perspective, not to mock.
Re: Why is every layoff 10-15%?
#3310-15% is a lot to let go of in one go, but hopefully no one would do something as idiotic as laying off 50% of their workforce, though right?
Re: Why is every layoff 10-15%?
#34Interesting, but I think they're over-thinking it. A lot. At any given moment, most companies can probably justify cutting 10-15% of dead weight. But when you cross that line, that's a much different smell. The most talented get a whiff, update their CVs and head for the door. The goal is to cut the bottom and leave the top. Take off too much bottom and your top will leave "voluntarily".
Because generally their workload goes up concommitantly, because there is no backfill.
Re: Why is every layoff 10-15%?
#35Earlier quoted context omitted.
> Won't many small and mid-size companies have come up under covid and not have an office lease in the liabilities column? Were they started during Covid? Office leases are typically at least 5 years, so most existing companies will still have them, hence return. Edit: removed assertion assertion
This is a minor nitpick, but it was a question, not an assertion.
You’re right, my apologies. I shouldn’t write comments after a scotch on a long day :)
Re: Why is every layoff 10-15%?
#36> Remote work > Anticipate more mid-size and smaller companies will go back more fully into the office as times get tougher. This will not be one size fits all, but will be an increasing trend. Up to this point in the article, whether you agree or disagree with the points, the author offers some arguments and reasoning supporting each. Here, they simply assert that small and mid-size companies will go into the office…
> Won't many small and mid-size companies have come up under covid and not have an office lease in the liabilities column? Were they started during Covid? Office leases are typically at least 5 years, so most existing companies will still have them, hence return. Edit: removed assertion assertion
There’s a lot of 50-100 person offices used by 5-10 people a day right now because the friendly nudges and incentives to bring people back to the office are falling flat.
Re: Why is every layoff 10-15%?
#37> Remote work > Anticipate more mid-size and smaller companies will go back more fully into the office as times get tougher. This will not be one size fits all, but will be an increasing trend. Up to this point in the article, whether you agree or disagree with the points, the author offers some arguments and reasoning supporting each. Here, they simply assert that small and mid-size companies will go into the office…
He seems to be writing for CEOs. Reading further he seems to figure that CEOs will be able to reassert control of employees by forcing them back to the office since employees are not going to be able to easily jump ship for another job.
As CEO now is your opportunity to rethink remote work. You may decide you want to continue as is, or you may want to make changes. You have an opportunity to act.
Not that returning to the office will necessarily result in better results, but many CEOs will tend to believe that things will go better with everyone back in the office.
Re: Why is every layoff 10-15%?
#38> Remote work > Anticipate more mid-size and smaller companies will go back more fully into the office as times get tougher. This will not be one size fits all, but will be an increasing trend. Up to this point in the article, whether you agree or disagree with the points, the author offers some arguments and reasoning supporting each. Here, they simply assert that small and mid-size companies will go into the office…
The one fully remote company I knew of personally was a small consultancy. Everyone just contracts out to larger ones, so no nead for their own office, but I guess they were onsite with their clients
Re: Why is every layoff 10-15%?
#39> Remote work > Anticipate more mid-size and smaller companies will go back more fully into the office as times get tougher. This will not be one size fits all, but will be an increasing trend. Up to this point in the article, whether you agree or disagree with the points, the author offers some arguments and reasoning supporting each. Here, they simply assert that small and mid-size companies will go into the office…
> Why would they pay (insert large city) rents to save money? How does it help?
This is still a bit of an open question. Productivity can be a weird metric because it doesn't capture if you're making the right thing, just that you're making something. WFH productivity was also measured at a pretty weird time, so there wasn't a good control. What you'll see is a lot CEOs pick policies by which model they prefer, and in a poor labor market, they'll have the leverage to do it.
Re: Why is every layoff 10-15%?
#40Earlier quoted context omitted.
I'm sure every executive is calling back to their days studying roman history when they decide how much of a layoff will balance the books/turn the company profitable for its stakeholders.
10% is just the right amount, that has been proven empirically over few millennia, to stiffen discipline and improve results
Nothing like a decimation to improve performance