this post was submitted on 20 Jun 2024
951 points (98.3% liked)
Technology
57435 readers
3326 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
As intended. A Layoff by any other name...
Not for 50% of the company though. They're going to have a rough couple years ahead of them.
I wonder if this method doesn't overproportionally eliminates valuable workers, who can easily switch companies.
Sounds like a problem for the next CEO. I got quarterly metrics to meet. When shit hits the fan cause all the talent left I'll just eject with my golden parachute.
Pretty much.
Capable employees don't raise a huge stink.
They quietly put the word out to a few people they know and play along until something interesting appears on the horizon.
Then when they're good and ready they just "suddenly" fuck off to somewhere nicer for them.