Re:Stripe Layoff 14% of Workforce
by cldellow on Thursday November 03, 2022 @02:35PM
(#33455385)
> Knowing you have 6 months to figure something out would not be nearly so bad.
Is the idea that the company tells the affected employees, "Hey, we're planning on firing you in 6 months. We'll pay you severance then, unless you've already quit and found a new job. Or, if one of your peers-who-we're-not-planning-to-fire finds a new job, we'll keep you."
If I'm the company, that doesn't seem very attractive to me -- I've told the employee something that's going to taint the business relationship and make the next six months very awkward.
If the idea is that the company says generally "We need to reduce headcount by 14% in 6 months", I'm not convinced this changes the stress factor much. During those 6 months, a bunch of employees will be seeking assurances that _they_ won't be in line to be fired. This will create a bunch of tension among colleagues. In 6 months, a whole bunch of people are still going to get fired. They'll have had 6 months in which they could perhaps have saved more money, but they're still getting fired. The trauma is still going to be significant.
Is the idea that the company tells the affected employees, "Hey, we're planning on firing you in 6 months. We'll pay you severance then, unless you've already quit and found a new job. Or, if one of your peers-who-we're-not-planning-to-fire finds a new job, we'll keep you."
If I'm the company, that doesn't seem very attractive to me -- I've told the employee something that's going to taint the business relationship and make the next six months very awkward.
If the idea is that the company says generally "We need to reduce headcount by 14% in 6 months", I'm not convinced this changes the stress factor much. During those 6 months, a bunch of employees will be seeking assurances that _they_ won't be in line to be fired. This will create a bunch of tension among colleagues. In 6 months, a whole bunch of people are still going to get fired. They'll have had 6 months in which they could perhaps have saved more money, but they're still getting fired. The trauma is still going to be significant.