Comment by treesknees

Comment by treesknees 4 days ago

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Not necessarily better, at least for the company. The slow burn works out much better for them:

- Gets rid of employees who were on the fence of leaving anyway

- No need to pay out unemployment

- No need to pay out unused PTO (depends on the state)

- No need to notify months in advance (WARN act [1]) or risk heavy fines

- End up with "loyal" employees in the end

If they can get through the short-term pain of losing some good workers, it will eventually balance out, and the show will go on.

[1]

https://www.dol.gov/agencies/eta/layoffs/warn

https://www.warntracker.com