Companies are like individuals. Some companies go far above and beyond to take care of their employees. I am the owner of an agency and converted our goals from profit to maintaining our team without layoffs. We are restructuring a bit to make this happen, but have not laid anyone off. We do not anticipate doing so unless we lose 2/3 of our revenue.
Companies backed by finance guys are psychopaths. They only have one goal - to make as much money as possible. They will sacrifice the people on their teams to get there. This goes for VCs, public companies, private equity, debt finance companies etc.
Guess I'm lucky to be working on military software, avoiding lots of bullsiht and probably no layoffs here. I hope company "culture" and "family" crap that most companies sell will die off with them.
I remember how grateful I was when I received a 25% pay cut after the dot-com bubble burst and tried to take the small consultancy I worked for with it. Not everyone made it, there were some layoffs, but all survivors got a cut in pay.
Companies backed by finance guys are psychopaths. They only have one goal - to make as much money as possible. They will sacrifice the people on their teams to get there. This goes for VCs, public companies, private equity, debt finance companies etc.