[oxfordmale]

It is also naive to think layoffs effectively target dead weight. As more extensive layoffs are often decided by senior management rather than team leaders, such releases have a high signal-to-noise ratio.

Natural attrition will also not be close to 0 in the next year or 2. Even if the markets stay stagnant, there will be the usual musical chairs turnover (a Facebook employee joining Google replacing a Google employee who joined Facebook).

[qikInNdOutReply]

Layoffs are usually family within company graphs, with this family then naming the "guys" necessary for the departments to do there job. Means, you have dead weight forced to identify the vital organs, allowing to fire the "medium" weight. Yes, connections or talent are everything. No, its not fair.