because that's roughly the amount of ESG dead weight. nobody's firing productive workers.
>> nobody's firing productive workers.
Remind me why Twitter is trying to rehire workers they let go, within a week?
Why is every layoff 10-15%?
51–60 of 263 posts
Re: Why is every layoff 10-15%?
#52> 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…
Companies will require RTO because it makes employees more productive. I've worked at one small and one large company during the pandemic involuntary WFH. In both cases productivity was noticeably worse, most especially for new employees onboarding remotely. I think WFH a couple days a week makes me more productive due to focus, but I'm unproductive and miserable now when none of my teammates ever come in. We're laug…
I work at a big company that is remote only and productivity is high. Might it be that they actually thought about how to implement it and kept improving the tools and processes needed?
Re: Why is every layoff 10-15%?
#53Earlier quoted context omitted.
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 t…
> but many CEOs will tend to believe that things will go better with everyone back in the office Many of us SWEs believe the same!
Everyone in the office? Really? All the time?
Re: Why is every layoff 10-15%?
#54Earlier quoted context omitted.
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 :)
No biggy my dude, it was clear from the jump that you didn't intend anything combative. Enjoy your scotch
Re: Why is every layoff 10-15%?
#55Fortunately I've never had to invoke blanket headcount cuts. But, as an employer, I've been given the advice "cut once, cut deep" many times. The theory (which I understand) is that employees get skittish once you get to a second or third cut. The author suggests some companies could stand a 50% cut if that is what is needed. This month though we've seen twitter cull 50% and twitter users, and customers (advertisers)…
yeah I think Twitter isn't useful here. Having a dramatic change of management + a layoff + serious product upheaval is definitely different than just a layoff. Now Elon is ending a policy literally called "Work From Home Forever" and with no flexibility -- back to the office 5 days a week. Why would an employee feel safe when literally everything about Twitter changed overnight?
Knowing its financials, I would feel more "safe" after a 50% cut than a 25% cut.
But why would we want employees to feel safe? They should feel like they need to produce value, or they'll get cut.
Re: Why is every layoff 10-15%?
#56Earlier quoted context omitted.
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 t…
> but many CEOs will tend to believe that things will go better with everyone back in the office Many of us SWEs believe the same!
What makes you think this?
I haven't observed any advantages to an office beyond overexposing the company to real estate (not really an advantage) - there is nothing I could do in person that I haven't been able to do faster in MS Teams (and better - now I have a written record and recording of everything). Another advantage of remote is that nobody ruins my train of thought by tapping me on the shoulder and asking stupid questions like "hey did you get that email." Best of all, no stupid pressure to go to lunch with anyone
Re: Why is every layoff 10-15%?
#57> 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 t…
We're just gonna gloss over, "quick your employees don't have leverage, make changes they won't like" like that isn't indicative of a capitalist hellscape? If shit like this doesn't radicalize you into democracy in the workplace then we're fucked.
Especially since right now that lack of leverage was literally manufactured on purpose by the fed.
Re: Why is every layoff 10-15%?
#58No, the reason is
https://en.wikipedia.org/wiki/Vitality_curve
> The vitality model of former General Electric chairman and CEO Jack Welch has been described as a "20-70-10" system. The "top 20" percent of the workforce is most productive, and 70% (the "vital 70") work adequately. The other 10% ("bottom 10") are nonproducers and should be fired.
10% layoff means you are being ranked.
Re: Why is every layoff 10-15%?
#59Earlier 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
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.
The incentives are mostly bad ones.
Companies that understand remote work have done a really good job of netting talent that is not in the Bay or New York, and I'm very happy to be working for one.
Re: Why is every layoff 10-15%?
#60Earlier quoted context omitted.
yeah I think Twitter isn't useful here. Having a dramatic change of management + a layoff + serious product upheaval is definitely different than just a layoff. Now Elon is ending a policy literally called "Work From Home Forever" and with no flexibility -- back to the office 5 days a week. Why would an employee feel safe when literally everything about Twitter changed overnight?
Yeah, Twitter is basically a running case study in what not to do when it comes to acquiring a company successfully, and can't be held up as anything other than "what happens when you do everything wrong". Certainly, it's not a useful example for others, even as a warning, because you can't easily tell what bad actions led to what bad consequences; there are so many of both.
While I suspect you're right, isn't it a little early to conclude the acquisition wasn't successful? Who even knows what successful means in this case?