this post was submitted on 20 Jun 2024
951 points (98.2% liked)

Technology

60084 readers
2696 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots


founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 30 points 6 months ago (2 children)

As intended. A Layoff by any other name...

[–] [email protected] 11 points 6 months ago

Not for 50% of the company though. They're going to have a rough couple years ahead of them.

[–] [email protected] 8 points 6 months ago (2 children)

I wonder if this method doesn't overproportionally eliminates valuable workers, who can easily switch companies.

[–] [email protected] 16 points 6 months ago

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.

[–] [email protected] 8 points 6 months ago

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.