Exactly this. Financial situtions change but you still haven't to honor contracts that were signed. The 8K employees didn't have the same contracts as a long term spokesperson...that is not unusual at all...
So what? Can a company not take responsibility for the lives of thousands of employees? Either don't be a headcount glut, or take responsibility for the damage you'll inflict on these real life people and their families.
Why is the expectation from managers to be decent human beings is so unreasonable?
Do we need a contract for that?
There is no responsibility on the part of the company to do anything other than what they agreed to do.
If employees wanted to be kept on even in a downturn, they should have negotiated for it, but I suspect the price they would have had to pay for that would make the entire prospect unattractive.
You just want to eat your cake, and have it afterwards too.
Well I know of other employers that do take in to account the impact on the life of they're workers and families, and will hire very conservatively, and would resort to firing only if very extreme circumstances.
It's because they were not trained in American style business schools, where everyone is just a number, And there's no such thing as decency.
You somehow believe this is natural, it's not, it's insane.
Many things are done for the sake of growth at the expense of employees...however those employees generally get much higher salaries in exchange for that. There is a reason Google, Facebook and Apple are the huge companies they are...and they were all started in the US.
Companies like Intel are facing new realities in over hiring as well (not to mention overextending on new fabs)...apparently they preferred not to have layoffs but instead cut salaries, bonuses and 401k matching. Personally I would prefer to fire the bottom 5% than risk the top 10% leaving because of a short sighted cash flow play.
If you agreed to pay one person enough to do nothing that you have to lay off thousands of other people, I don't care if you signed a contract to do it—it's still worthy of condemnation.
All it changes is the timing of when the action worthy of condemnation occurred.
Because many of the engineers here either do not understand or are unwilling to accept that society operates in more dimensions than the technical and "rational". They see celebrity and functions like marketing and sales as inherently bullshit and unnecessary.