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Re:210 Zappos employees – 14% of the staff – take buyouts af... by SilasX on Friday May 08, 2015 @06:45PM (#9514550)
>But what actually happened was that people who were good at their job, and could find work elsewhere, left. So they would have had all of the top talent leave the company and the remaining employees would be the people who did just enough to get by.

I remember this being an issue with General Motors near bankruptcy (2008) too. They couldn't lay off union workers, and figured it would be cheaper to offer them buyouts than keep paying their above-market salaries.

There too, people pointed out that the only takers would be the best workers, who can easily find work elsewhere, and they'd be left with the ones who can't.

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