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by bart_spoon 1185 days ago
Mass layoffs aren’t the same as revisiting a personal budget. They are fairly drastic measures.

To use your analogy, a layoff while revenue is growing is like continuing to get raises at work, but when this years raise isn’t as high as you expected, you start pawning off possessions for the cash. If times were dire, perhaps it makes sense. If you are still making money, it seems more prudent to tamp down on new purchases than to try and take back old ones.

1 comments

Employees are huge ongoing cost.

You leased expensive new car, expecting to get a big raise. Big raise didn't happen. Do you keep the car?