What's your opinion on the recent layoffs and 1 idea that can prevent layoffs in recent conditions.

What should be diff. - Layoffs

Founder

What should be diff. - Layoffs- Grapevine

Mitigating layoffs 😂

Consultant

Welcome to News Discussion's Private Community

Do you think instead of laying off employees , its better to cut some % of employees salary which can be given after certain duration?

Layoff’s

Product Manager

What are your views on mass layoffs?

What are generally the metrics used during layoffs ?

Is it division by division or each employee is vetted for his performance and contributions ?

Do high salaried folks generally targeted even if they have good performance and history with company ?

With the overall bleak atmosphere in startup ecosystem and lack of transparency in this process from employers wanted to know how are decisions made. Most say it is performance based in news, how true is that ?

Layoff Parameters

Software Engineer

Welcome to Office Gossip's Private Community

People what are your suggestions to avoid layoffs.

#1 Write UnDocumented and Unmaintainable codes!

LifeHacks to avoid Layoffs!

Lead Data Scientist

Hi guys I was let go last week of June because project did not go well and company didn't have bydgets. Entire team was let go. However when interviewing in last week of June I mentioned to the hr my project is not going well and can leave anytime and I didn't mentioned already I have finished my role. They might offer me a job now in July. I didn't basically tell HR at the start on this. Will I still be ok?  If i show my resignation and last day as same because my previous company mentioned that it will reflect in my experience letter, will it be an issue?

Need opinion urgently layoff

Growth Manager

What causes so many large companies to lay off their employees, even when they have enough work for the employees? Why do companies want to have fewer people working for them? Can any expert provide their opinion?

What are the causes of layoffs?

Welcome to Software Engineers's Private Community

so with recent layoff season what are some things you would recommend  anyone to look for in a company to stay safe ?
feel free to add any hypothesis as well if you got any .

Things to lookout for in a company.

Data engineer

I've been sensing some uncertainty at my workplace, and it's making me think about preparing for the possibility of layoffs. 

1. How does one manage uncertainty before a layoff, and what should be the mindset?

2. What practical steps do you take financially ? Any insights on budgeting? 

3. In a job transition, how do you proactively develop skills while managing work 

I would like to hear your thoughts and advice on how to be well-prepared mentally, financially, and skill-wise for possiblity of layoffs

How to prepare for a layoff ?

Software Developer

Just a random thought.. please shed some light!!

why don't companies do pay cuts instead of lay offs?

Layoffs indicator?

What happens to Joining Bonus or Retention Bonus if layoffs happen? 
I know RB might not be considered, but what about JB?

Layoffs

What are some ways to identify lay-off news with non-performance. For example, companies like Amazon ask 10% non performers to go every year.

Layoffs vs Non-Performance

What was the first sign that your company might be doing layoffs? 
Was it a random meeting addressed by CEO or some other shit?

What was the first sign of layoff?

People who have experienced layoffs, what would you do differently if faced with another layoff now?

Welcome to Indian Startups's Private Community

I am seeing lots of startups are firing these days even previous year it was happening.

Would like to know the mindset of employees who got saved. Like to know what goes inside your head. How do you deal with this situation as it can happen with who got saved somehow, etc etc

What is the morale of employees in company where layoff happens

Android Engineer

Being an investor in equity markets, i was aware of the fact that US market will crash as the free money by fed draws back. I obviously was not able to link this up with the funding dry-ness.

I still expect a founder to be aware of these economic events. I am curious how could the management decide to go for hiring employees only to lay them off a year later. 

If you are a founder, would be happy to know the other side of the story.

What triggered layoffs ?

Let me explain in detail. 
 There are two parts to it and can be broken down basis PnL 
 1. Revenues : Sudden jump in tech( social media, e-commerce, ad tech, fintech, etc) plus supporting industries (chipmakers, laptop / device manufacturer) and the general economy with QE money  
 This impacted forecasts as most firms forecast AOPs basis historically trend (which clearly was an abberation) - this lead to higher HC estimates and rampant and quick hiring  
 Variable costs: CAC, customer support, sales incentive all spiked up as 1. Everyone was putting money (inc bidding price for key words) and 2. Huge customer inflow due to covid (edtech, e-commerce) that required support  
 Fixed costs: While office space / rents remained steady or dropped as % of revenue. This was offseted by fixed tech (software, hardware, people) costs and other costs like (legal, HR, Business, Marketing, supply chain, etc.) the talent was expensive to source plus their need was instant as you already had customer to be served  
 All of this lead to rampant hiring, inflated CTC, rosy forecasts, etc.  
 everyone had turned a blind eye to inflation implications (as for the past 30 Y no one saw a shooting inflation - hence the key decisions makers had now experience & idea about it) - till Dec’21 even FED said inflation is transatory. 
 It was the Ukraine invasion that opened people eyes. Oil went up, food prices went up, UK Europe saw an energy crisis etc 
 This made all the rosy forecast mentioned above duller as 1. Demand was expected to reduce due to higher cost of living 2. Capital became scarce as funding drired 3. Cost of capital (WACC) became expensive as hurdle rate climbed (which is rate of return for bond)  
 Management and investor panicked as they have limited partners (LP) to answer and quess who are these (big pension funds) so people’s pension money had come into startups which were not showing signs of exit for investors. 
 All in all - it is a pain we all have to bare for being exuberant in 2021-2022:

Been hearing layoffs again and there are less hiring what's the actual reason for this and when this become normal

Why layoffs ? What's happening with it sector ?

Welcome to IT Company Discussion's Private Community

I am really curious why there are so many layoffs in the IT industry. Wherever you see, big companies like CISCO are laying off so many employees. Experts on Grapevine, please explain what is going on.

What should be diff. - Layoffs

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