Why unnecessary layoffs and disruption makes it harder for employees
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- เผยแพร่เมื่อ 9 พ.ค. 2024
- Companies are still reducing their headcount as layoff trends persist late into 2024. The Problem With Change Author Ashley Goodall is asking the question of "what's really going on?" as many of these corporations remain profitable, but seek out radical changes to course correct problems that may not even be there.
Goodall sits down with Yahoo Finance, explaining how restructurings actually deter productivity:
"If you look at the science of human performance, which is arguably a kind of important thing to look at if you're leading a company that has humans in it and we're trying to help them perform, you find out that the foundation of a lot of great performance is stability, which is not stasis. It's not standing still, but having a reasonably predictable environment so we know how we plug-in and we know how we can interact with others and we know how we can collaborate and we know how we can innovate."
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Also, if you never know coming into work if it will be your last day because you drew the short layoff stick, how do companies think that impacts motivation?
that's sick!
find one job: 1000 round interview -> rejected with negative comments in person
accept a job: layoff on same day.
wtf
Luck plays a lot in shaping ones career. Some people working in tech industry thinks they are superhuman.
This dude is spot on. Interesting stuff
my family own a consultancy business in wisconsin, we change regularly change things such as releasing old staffs is so that we can pay less to the new staff.This is nirmal practice in any business, you fire the old staffs and replace with the younger (more motivated) and less pay new employees.Due to this method our rofits goes up every year and this year has been so good that my parents just bought a small 7 bedrooms villa just outside miami with the help of the profit we made. Play the game.
The reason is from the inflation act bill .Qoute The 15% corporate alternative minimum tax, also known as the CAMT, is supposed to serve as a tax backstop for companies averaging at least $1 billion in financial-statement profits
This is gross not net, so if you got a thousand worker you got 250 million gross and need to
Pay 150 in new tax in total.
Yes and joe said he raiseing it to 30% after election. Goggle layoff news everyday. Thousand are layoff everyday. But not in news who is the same party so don’t want people to know
150 million in taxes as minimum. So they cut jobs instead.
Its just companies are forward looking. Yes company is STILL profitable, but guess what lay off is one of formula for companies to stay profitable if they are seeing harder times ahead
Companies don't decide to lay people off when they don't become profitable. They're planning for the future and their current cash flow. They hire back as soon as the tide shifts. what is the guy talking about?
the issue with big tech is they put together big project teams, where the combined labor costs will be tens of millions. once the product is built, or needs less labor to scale, they move the techs to other teams. if they don't fit on another team, they get laid off. tech has been doing this product cycle since they invented silicon..
crying about it in a book doesn't change economics. Your only protection as a tech is to make yourself more valuable all the time.. most of those big tech layoffs were in marketing and advertising. those people have very little value to the company.. most of the senior techs moved to other teams, unless they let their skills stagnate. imagine trying to get another job if all you did for 6 years is small library changes to a 30yo coding language (yes i'm talking about you, Python team XD).
The marketing and advertising team had major value from the customer side. Over the years it’s been extremely difficult to get support when you spend money on ads with these platforms and most of the account managers are just sales people from overseas.
@@nickpatrick4376 there's so little value in ads now. most of it is machine clicks paid for with real dollars.