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by cloverich
1190 days ago
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Employees are one of or the most expensive part of doing business for many. I guess you could google Gross vs Net margins in various companies or industries as an example (maybe here[1]). But layoffs aren't merely firing people, they are "firing people and not re-hiring for their positions or work." So it's often closing out on entire product strategies, such as the case here with YC. [1]: https://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile... |
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Not debating that. I'm debating:
> Layoffs are often a choice between letting a small percentage go or causing the entire company to go out of business
Show me a company that MUST let go a SMALL PERCENTAGE of its workforce in order to not go out of business. Meaning a company which is hanging by a thread and that thread is (again) a small percentage of the workforce. Because if a small percentage of the workforce is expensive enough to provide you with the runway you need to continue doing business, that runway is short enough that the company will cease to exist anyway, so the point is moot.