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> a So, almost literally decimate in the classical sense? https://en.wikipedia.org/wiki/Decimation_(Roman_army)
Decimate in the classical sense would be to reduce by 90%, not 10%.
That is a 10% reduction. Killing nine out of ten would be a 90% reduction but 'in the classical sense' it would also mean that the lucky guy would have to kill the 9 remaining people.
LinkedIn would be investing in other parts of the business which would result in some job creation and the firm would "work with employees impacted by today's announcement to explore these opportunities" Good to know that they will first consider rehiring/interviewing the laid off employees and they are public about it. Curious question: does the employee get to keep the severance package if rehired after being laid…
It needs to be this way for certain legal reasons.
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This article is so damn useful: https://danluu.com/sounds-easy/ > I can't think of a single large software company that doesn't regularly draw internet comments of the form “What do all the employees do? I could build their product myself.” Benjamin Pollack and Jeff Atwood called out people who do that with Stack Overflow. But Stack Overflow is relatively obviously lean, so the general response is something like “oh,…
Thank you. I'm so tired of reading the same "I could build this unicorn over the weekend with a few AWS credits and a healthy stream of whiskey." On every damn layoff thread.
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This article is so damn useful: https://danluu.com/sounds-easy/ > I can't think of a single large software company that doesn't regularly draw internet comments of the form “What do all the employees do? I could build their product myself.” Benjamin Pollack and Jeff Atwood called out people who do that with Stack Overflow. But Stack Overflow is relatively obviously lean, so the general response is something like “oh,…
Thank you. I'm so tired of reading the same "I could build this unicorn over the weekend with a few AWS credits and a healthy stream of whiskey." On every damn layoff thread.
Companies commonly use layoffs as an easy way to get rid of under-performing staff, realize cost savings from previous investments (e.g., automation) ahead of schedule, or efficiently reorganize divisions whose execs fall out of favor. Not going to say this is good, but a However callous it is, roles on the margin get cut when prospects for growth dim.
> a So, almost literally decimate in the classical sense? https://en.wikipedia.org/wiki/Decimation_(Roman_army)
Earlier quoted context omitted.
> a So, almost literally decimate in the classical sense? https://en.wikipedia.org/wiki/Decimation_(Roman_army)
Decimate in the classical sense would be to reduce by 90%, not 10%.
Doesn't LinkedIn(Microsoft) has a shit ton of money in reserves? Is cutting down these jobs in the midst of a pandemic really essential for the company's survival? Especially when the economies has started recovering in many parts of the world.
That is not small change, even for a company the size of Microsoft.
They may have been contributing more than that to the bottom line prior to the recession--hard to know--but the recession changes quite a bit of the calculus around long-term bets.
LinkedIn would be investing in other parts of the business which would result in some job creation and the firm would "work with employees impacted by today's announcement to explore these opportunities" Good to know that they will first consider rehiring/interviewing the laid off employees and they are public about it. Curious question: does the employee get to keep the severance package if rehired after being laid…
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A lot of them are sales people. LinkedIn as a people business needs a lot of sales reps and account managers to be in contact with Recruiters and other people involved with selling . 16K people spanning the whole globe is not bad .
It is not just big, it is mega big. WhatsApp had world dominance and their product had to deliver instant messages, including photos, videos and other features over crappy internet connections and they managed to build, manage and sustain an amazing consumer product with a handful of people, so 16k for an online job board is laughable and embarrassing. It's just a website after all.
Whatsapp would have needed at least 200 salespeople uf they hadn't been bought by FB.