Layoffs are down, but employers are still finding ways to cut jobs
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Re: Layoffs are down, but employers are still finding ways to cut jobs
#2Re: Layoffs are down, but employers are still finding ways to cut jobs
#3This appears to be a way to avoid paying severance. I'd expect any decent employer would offer employees the choice to leave with appropriate severance if they were going to do this to them.
Re: Layoffs are down, but employers are still finding ways to cut jobs
#4This appears to be a way to avoid paying severance. I'd expect any decent employer would offer employees the choice to leave with appropriate severance if they were going to do this to them.
Not only severance but unemployment compensation (which can significantly affect mandatory unemployment insurance costs to the company) can also be avoided by companies if their people quit instead of being laid off.
That is why there is the concept of "Constructive Dismissal" (or other similar terms). If the company is significantly degrading your work conditions, hours, requirements, interactions, responsibilities, etc., for the reason of getting you to quit instead of firing you, there may be an issue.
If you have immediate better employment options, take them without doing your old company any favors. But if you do not, start making detailed contemporaneous logs of what is happening to you (and what happened before) and talk to an attorney specializing in your state's employment law. Do not take it lying down, especially if you don't have immediate better options.
Re: Layoffs are down, but employers are still finding ways to cut jobs
#5Old hat in new clothes
Re: Layoffs are down, but employers are still finding ways to cut jobs
#6So is this one just as much of a media-created nothing burger as Quiet Quitting was? I'm betting yes...
Re: Layoffs are down, but employers are still finding ways to cut jobs
#7> Employees to whom it would be costly to pay severance or months of unemployment benefits might decide to leave on their own if they feel stuck in a job they don’t want, executive coaches say.
The hourly rate these "executive coaches" must charge for this is probably hilarious.
Re: Layoffs are down, but employers are still finding ways to cut jobs
#8This appears to be a way to avoid paying severance. I'd expect any decent employer would offer employees the choice to leave with appropriate severance if they were going to do this to them.
Unless there is a contract with the employee, such as a collective bargaining agreement with a union, there is no legal reason a business has to pay an employee severance in the US.
A business might pay an employee severance for morale purposes, good PR, and/or to entice the employee to sign agreements that reduce the business's future liabilities.
If an employee agrees to quit their job in exchange for severance money, this would result in lower unemployment insurance premiums (i.e. tax liability) for the business because the employee would not be eligible for unemployment benefits from the government. The more unemployment benefits former employees receive, the higher the unemployment insurance premiums for the business.
Re: Layoffs are down, but employers are still finding ways to cut jobs
#9This appears to be a way to avoid paying severance. I'd expect any decent employer would offer employees the choice to leave with appropriate severance if they were going to do this to them.
Unless there is a contract with the employee, such as a collective bargaining agreement with a union, there is no legal reason a business has to pay an employee severance in the US. A business might pay an employee severance for morale purposes, good PR, and/or to entice the employee to sign agreements that reduce the business's future liabilities. If an employee agrees to quit their job in exchange for severance mon…
There's a difference between legal reasons and decency
Re: Layoffs are down, but employers are still finding ways to cut jobs
#10Head of growth marketing? Sales enablement? My god, your job title should have given you sufficient heads-up.
My advice to new college students is to code whether you like it or not. Work sucks, period. Might as well get paid and have free time and enjoy being in demand.
Those are definitely bullshit jobs.