Suraj07

Layoff’s

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

21mo ago

PunyDrama38

Stealth21mo

my friend works at google and says it's easily overstaffed by 2x

Elon_Musk

X.com21mo

It actually is. They increased their work force 1.5 times in 2 years. And even back in 2019 Google felt bloated.

PunyDrama38

Stealth21mo

so Elon set a precedent, right 😅?

Vance

Stealth21mo

Whenever any manpower cost rationalisation is to be done, Companies have to ensure they dont lose their best talented folks. Hence, if you cut salary for everyone, the smart folks would be the first to leave the Co as they can easily get good hike in the market outside and you’re left with average folks only. But if you layoff say, bottom 10%ile performers, your company output might actually go up and everyone is also pushed to work harder from there on. Hence, always layoffs should be preferred over salary paycuts.

SlowInjury94

Accenture21mo

Another perspective 👍

FunnyBones

Plivo21mo

The decision makers don’t care what I think 🙂

Elon_Musk

X.com21mo

Better to cut the C suite salaries and shareholders returns. Firing your average employee would not save as much money.

randomadvert

Stealth20mo

Woww! look who’s speaking 😂

HeiBhagwan

Gojek21mo

If you are a C level or managers reading this. Remember you caused all this because of your greed for growth. I love that Apple managed to not fall deep into this trap

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