Re:Coinbase Announces 18% Layoffs
by altacc on Tuesday June 14, 2022 @09:39AM
(#31739298)
>>I think I'd just quit if I was told to lay off people on my team.
I did that in the dotcom bust. As a manager I was highest paid and had least billable hours, so when asked to reduce costs in my team I was the logical choice to go. The company went through a series of layoffs but at least for that cut I managed to leave my team in place for a bit longer. I went travelling for a year, so also benefitted from not having to deal with any more rounds of layoffs.
I did that in the dotcom bust. As a manager I was highest paid and had least billable hours, so when asked to reduce costs in my team I was the logical choice to go. The company went through a series of layoffs but at least for that cut I managed to leave my team in place for a bit longer. I went travelling for a year, so also benefitted from not having to deal with any more rounds of layoffs.