Re:SpaceX to lay off 10% of Workforce
by nullifidian on Saturday January 12, 2019 @05:05AM
(#18890546)
>arbitrary reasons doesn’t exist (see e.g Sweden)
It's important to note that these countries (Sweden, Japan) with higher employee protections and guarantees are very different in terms of culture from the hyper-individualistic US.
https://en.wikipedia.org/wiki/Law_of_Jante <- basically an invese of the American culture
Re:SpaceX to lay off 10% of Workforce
by raverbashing on Saturday January 12, 2019 @04:27AM
(#18890445)
> see e.g Sweden). Those economies still seem competitive.
That's what you get when you have a high qualified and restricted (in numbers) workforce. But let's see if it keeps being that way or it goes the way of France and Italy
(So how's that idealistic view working out in their real estate market again?)
Again, it's a job, not a marriage. Some stability and regulation is welcome, sure, but jobs for life don't exist anymore.
If you lay off 10% because times are worse and there is less work, then interestingly you are more or less required to re-hire the same people when you hire again (typically that would be negotiated so you’d buy them out instead).
The 10% you fire also has to be the 10% last hired, you can’t fire the 10% worst performing (again, this can be negotiated so firing an older underperforming hire quickly becomes very expensive - think 1-2 years salary or similar)
Is this perfect? No. But it makes employers think hard about hiring for better or worse, and it means you plan far ahead to ensure you have enough work in bad times, and don’t go on a hiring spree in good times.