Live data from Hacker News

Why is every layoff 10-15%?

blog.eladgil.com

61–70 of 263 posts

Re: Why is every layoff 10-15%?

#61
post #13

> 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…

What happens to people who were hired as fully remote during pandemic?

Re: Why is every layoff 10-15%?

#62

Earlier 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!

Many or a few?

Most software engineers find themselves most effective in work from home. This breaks in favor at 3:4 or higher.

The software engineers that want to work in office are the odd-balls.

I am interested in the break down when one factors in whatever concept of '10x developers' -- which do the most productive of us prefer?

Re: Why is every layoff 10-15%?

#63
post #44

Earlier quoted context omitted.

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…

my remote only company is way more productive than my previous in-person company, so there’s the counter anecdote to your anecdote

I'll take any IC or low-level employee's productivity claim with a grain of salt.

For a CEO, productivity is at a first order is operating margins. 99% of HNers have no clue how to calculate that (nor have the necessary data).

Re: Why is every layoff 10-15%?

#64

Earlier quoted context omitted.

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?

How did you measure productivity?

Re: Why is every layoff 10-15%?

#65

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?

because twitter's own execs and HR had their say

https://mobile.twitter.com/RichardHanania/status/15911538663...

Re: Why is every layoff 10-15%?

#66

No, 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.

A head of large company once said, "I can cut the bottom 10%, but I don't. Because new 10% will be formed to take place"

Re: Why is every layoff 10-15%?

#67
post #27

Fortunately 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?

The timeline also feels relevant here. The new CEO has only had a short time to really get to know the company. Who's to say that he won't cut more as he learns more and settles into his role? Combine that with the economic pressure and it looks pretty likely that either more people will be laid off or whole teams will be "managed out".

Re: Why is every layoff 10-15%?

#68

Earlier quoted context omitted.

> 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 s…

I think the reality is some people do better remote, some better in office. There's no one size fits all solution. I hated my time working from home, but it sounds like you enjoy it. There's no perfect solution for companies here except to cater to individual preferences, or mandate one at the risk of angering some employees

Re: Why is every layoff 10-15%?

#69
post #66

No, 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.

A head of large company once said, "I can cut the bottom 10%, but I don't. Because new 10% will be formed to take place"

When employees realize they are being ranked, they will hire the most mediocre people possible, so that their ranking relative to other employees goes up. This is how Ballmer almost killed Microsoft.

Re: Why is every layoff 10-15%?

#70

Earlier quoted context omitted.

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?

How did you measure productivity?

It's a personal view obviously. But teams are shipping way more than some startups I worked at, including things customers really want. We have quarterly meetups and a myriad of events to keep the human connection too. No full-time-open-office-all-in-the-same-room-serendipity I've seen in other companies was actually valuable. It's just that it was the only way people knew to work, until companies were ready to go remote. 10 years ago we didn't have the tools.
Post reply on HN