Tag: tech layoffs

Something To Lose

A loved one works
for one of the huge
tech companies
currently doing massive lay offs.

He, and others,
have been told
they will no longer
have a job
in one month’s time.

That month, the company states,
is their working notice.
They won’t be receiving
any severance.

It is also the company’s policy
NOT to give references.

What, other than ethics,
is stopping these employees,
the walking dead,
from doing a sh*t job
or,
worse,
from sabotaging
the company
for the next month?

They truly have nothing
left to lose.

Once you tell employees
you’ll do nothing more
for them,
you lose all leverage
over them.

That is a REALLY dangerous
and extremely idiotic move.

Severance is given
for the company’s benefit also.

Suck it up and pay severance
or risk losing customers
and perhaps worse.

The Endless Cycle Of Layoffs And Hiring

Many companies,
especially those in tech,
are laying off
massive numbers of skilled employees.

Many of these companies
were already quite lean.
These employees were necessary
for the long term health
of the companies.

But, to appease shareholders,
the company can forgo their contributions
for the spring and summer.

Many of their salespeople,
for example,
were given incentives
to close deals
and renew existing customer contracts
early.

In the fall,
the companies will likely
rehire for many of the vacant positions.

But many of the employees
laid off now
will have to find new jobs
before that time.

NOW is the time
for smaller companies,
for start ups
to hire.

Take advantage
of that gap
between layoffs
and rehiring.