Anonymous wrote:Anonymous wrote:Anonymous wrote:My old organization would do "layoffs" every three years to cut the dead weight (people who weren't performing well, but weren't performing poorly enough to fire outright).
Those who were laid off got a decent severance, could file for unemployment, and could save face.
The organization would then shuffle responsibilities as needed, and hire to meet the new organizational structure.
What is the point of planning regular layoffs? Unemployment insurance increases, if the company pays severance, they're paying people to not work, then they've got hiring/training to deal with. Any company that has layoffs as part of the business plan, forget it. You're dealing with managers who don't know how to hire in that case.
haha - many of the most elite firms work in this model because they have no shortage of willing applicants and this model is what they use to separate the wheat from the chaff.
McKinsey, BCG, Bain are the most elite of the elite consulting firms and all have an up-or-out system.
Most lawfirms work like this too - counseled out 8th years that don't make partner - is a 'regular layoff'.
Anonymous wrote:Anonymous wrote:My old organization would do "layoffs" every three years to cut the dead weight (people who weren't performing well, but weren't performing poorly enough to fire outright).
Those who were laid off got a decent severance, could file for unemployment, and could save face.
The organization would then shuffle responsibilities as needed, and hire to meet the new organizational structure.
What is the point of planning regular layoffs? Unemployment insurance increases, if the company pays severance, they're paying people to not work, then they've got hiring/training to deal with. Any company that has layoffs as part of the business plan, forget it. You're dealing with managers who don't know how to hire in that case.
Anonymous wrote:My old organization would do "layoffs" every three years to cut the dead weight (people who weren't performing well, but weren't performing poorly enough to fire outright).
Those who were laid off got a decent severance, could file for unemployment, and could save face.
The organization would then shuffle responsibilities as needed, and hire to meet the new organizational structure.
Anonymous wrote:Company had layoffs 6 months ago. Offer is competitive.