Re:Meta to Layoff 10k Employees
by foobiekr on Tuesday March 14, 2023 @11:28AM
(#35153060)
Exactly.
When I was younger I was shocked to learn that during an LR companies would “over” cut in order to fund retention for critical people. You’re laying off 7%? This is a good time to free up some additional opex, so just add a few heads above target in order to free opex to comp important people. You won’t get that 7% back but overage you do, usually.
When I was younger I was shocked to learn that during an LR companies would “over” cut in order to fund retention for critical people. You’re laying off 7%? This is a good time to free up some additional opex, so just add a few heads above target in order to free opex to comp important people. You won’t get that 7% back but overage you do, usually.