Was this written by one of the firms trying to justify the practice?
Why top firms fire good workers
31–40 of 263 posts
Re: Why top firms fire good workers
#32How to tell that some "researchers" spent too much time in economics classes and not enough time in ethics classes: they publish stuff like this (source [0]). [0]: https://www.aeaweb.org/articles?id=10.1257/aer.20200169
The article makes them look psychopathic. Underpaying staff, layoffs, constant churn and providing poor services is 'not a flaw' and 'makes sense' because they boost profits.
Re: Why top firms fire good workers
#33The method used in all the big4s in India is this: You join and do well as usual. Your credit is shared by those above you. You continue to do well, your manager gets promoted or you get a manager who needs a promotion and needs the credit you generate. He gets promoted, aggregates your good work and shows it as his. You then get sidelined, PIPed, or leave in disgust. It's political and I have begun to strongly belie…
Why would a manager who’s able to claim the credit of their reports in order to advance their own career then PIP the best ones? Wouldn’t they keep them around to keep claiming credit from? I’m not doubting your story (I’ve never worked in India) I just don’t understand the incentive to fire a good worker in this scenario.
Most CEOs and VPs in these companies are nepotistic and political. They are happy to take credit but will never allow their direct reports to become a threat to them. In general the structure looks like this
CEO
VP (usually a family member or a "chamcha" literally spoon, but means sycophant.)
Directors (all yes-men chamchas)
Worker bees
Not very different from most companies, in my experience.
Re: Why top firms fire good workers
#34The method used in all the big4s in India is this: You join and do well as usual. Your credit is shared by those above you. You continue to do well, your manager gets promoted or you get a manager who needs a promotion and needs the credit you generate. He gets promoted, aggregates your good work and shows it as his. You then get sidelined, PIPed, or leave in disgust. It's political and I have begun to strongly belie…
This is outright stupid to believe. I have been working for past 15yrs and worked across startups to Top 5(FAANG), and never seen or gone through this.
Ur clearly not the top performer…
In all seriousness they mentioned India not mango fango. That said, my xp has been the same as you. Only time top performers get nixed is if a whole arm gets nixed and they get caught in the crossfire.
Re: Why top firms fire good workers
#35Earlier quoted context omitted.
This is outright stupid to believe. I have been working for past 15yrs and worked across startups to Top 5(FAANG), and never seen or gone through this.
Ur clearly not the top performer… In all seriousness they mentioned India not mango fango. That said, my xp has been the same as you. Only time top performers get nixed is if a whole arm gets nixed and they get caught in the crossfire.
OP said "do well", not top performer. Thinking you're a top performer isn't the same as the company thinking you're a top performer. I've never seen someone put on a PIP that didn't deserve, even if they thought differently.
Most people struggle just to keep their head above water nonetheless come up with elaborate conspiracies of sabotaging other peoples careers. No one is thinking about you that much.
Re: Why top firms fire good workers
#36The method used in all the big4s in India is this: You join and do well as usual. Your credit is shared by those above you. You continue to do well, your manager gets promoted or you get a manager who needs a promotion and needs the credit you generate. He gets promoted, aggregates your good work and shows it as his. You then get sidelined, PIPed, or leave in disgust. It's political and I have begun to strongly belie…
This definitely explains why India is so dysfunctional.
Yes and no.
The real cause of our dysfunctional system is the debris of nehruvian socialism (he was a covert communist masking himself as a Fabian socialist).
He didn't reform the British divide and control mechanisms but continued them and in fact made them worse. If you think your bureaucracy is bad, wait till you see ours.
These are "one exam wonders." They clear one exam, and with zero life experience at the age of 25 can sabotage almost any enterprise with their clerical behaviour.
Our own deep state.
It's much better in the private sector but this mindset is pervasive.
Re: Why top firms fire good workers
#37What a weird take. It's good for the employee to get fired because then the company doesn't have to pay them competitively?
Re: Why top firms fire good workers
#38[deleted]
Re: Why top firms fire good workers
#39The method used in all the big4s in India is this: You join and do well as usual. Your credit is shared by those above you. You continue to do well, your manager gets promoted or you get a manager who needs a promotion and needs the credit you generate. He gets promoted, aggregates your good work and shows it as his. You then get sidelined, PIPed, or leave in disgust. It's political and I have begun to strongly belie…
Why do you think this is special to India? Anywhere there are humans, you will see the same behaviour.
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Re: Why top firms fire good workers
#40In the case of consulting companies like McKinsey, there's another very rational factor: a top performer with a strong ability to climb the corporate ladder might actually be worth less as a consultant than as a director at an external company who would then hire McKinsey. And of course, the partners there have industry connections, to get these to performers hired where they would be likely to generate the best future deals.