Hacker News new | ask | show | jobs
by nickcox 1241 days ago
Anecdotally, it's not just the lowest performers who are being laid off.
2 comments

Also entrenched high performers with extremely high salaries (to be replaced with young enthusiasts at the beginning of their career cycles), also some random people too — just like a simulated annealing schedule for performance optimization.

I am not defending the moral side of these decisions, just saying that this is how all corporations aiming to maximize shareholders value work.

Yes, you can be a good performer working on a failed product (stadia, HoloLens, ...). If the product is cut, you might be let go.