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by infamia
1321 days ago
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> Layoffs are great. They weed out the unproductive ones. The vast majority of most layoffs I've seen are either hastily thrown together hail marys or just done looking at how much money they need to cut and then look more or less 100% at compensation or something even more stupid. For companies of any considerable size, rare is the strategic layoff. What Elon did at Twitter is a perfect example of slashing for a number. Elon has not been around long enough to understand what's up or down at Twitter. He has a number in mind he wants to get down to and he just slashes until he gets there. Assuming there are substantial cuts that need to be made, Elon has no clue where he is slashing fat vs. bone, he hasn't been there long enough to know. |
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