Comment by parineum
What's your point? If there's no work for 10k people to do, should companies just continue employing them to do... nothing?
What's your point? If there's no work for 10k people to do, should companies just continue employing them to do... nothing?
Is there something the the SV charter that says companies operating there must do that?
Nobody seems to want to answer the question so I assume nobody wants to confront that a company isn't the bad guy when it fires people it doesn't need. And, if it turns out it did need them, the company will suffer. Usually that doesn't happen though and so I tend to trust that these companies understand their business needs more than I do.
It sucks when people lose their jobs but if there's no job at their company for them anymore, their employer isn't a charity. Just like if a company could no longer afford to pay they employees, the employees shouldn't hang around and work for nothing. You might as well be demonizing people who file for divorce for making their partner single.
That's never how layoffs are done. If you survive them your workload just increases and the employees picked are based on nothing or something arbitrary.
Then your company has a reputation for being unreliable for stable employment and people that can pick where they want to go will go else where. It also kills morale and remaining high performers will go somewhere else. Now the company laying off is stuck with low performers that don't have other options.
One of SV's strengths is cutting your highly qualified and experienced staff loose to go do something else.