The article has specific advice about how to make sure the layoffs are a wise decision before cutting the jobs. In the movie, Office Space, they had consultants interviewing everyone and determining who is adding value or not. I guess those were the good ol’ days and now we’ve gotten to the point where the only consideration is whether this will make the numbers look good this quarter.
I’ve been involved directly or through family through five layoffs in the last three years. You’re so right.
These companies all hire Bain Capital, their consultants open their “defaultwallstreetfellatingdystopianlayoffplan.docx,” and talk to upper management who has no idea what people on the ground do. They put the people and salaries in a spreadsheet, show the CEO, and nobody in a decision-making role ever directly confronts human-to-laid-off-human the cost of what they are doing.
The article has specific advice about how to make sure the layoffs are a wise decision before cutting the jobs. In the movie, Office Space, they had consultants interviewing everyone and determining who is adding value or not. I guess those were the good ol’ days and now we’ve gotten to the point where the only consideration is whether this will make the numbers look good this quarter.
Oh Forbes, you helped create the fiasco and now you pretend that rich people will pay for it? … Nobody believes you.
LINE GO UP!
I’ve been involved directly or through family through five layoffs in the last three years. You’re so right.
These companies all hire Bain Capital, their consultants open their “defaultwallstreetfellatingdystopianlayoffplan.docx,” and talk to upper management who has no idea what people on the ground do. They put the people and salaries in a spreadsheet, show the CEO, and nobody in a decision-making role ever directly confronts human-to-laid-off-human the cost of what they are doing.
Bain and/or PWC. Sometimes both.
Always same clowns.
Absolutely correct. Literally the only thing that matters is quarterly earnings.
That’s why everything you buy and use sucks now and is perpetually getting shittier.
As always, Star Trek knows what’s up:
The speed of technological advancement isn’t nearly as important as short term quarterly gains. - Quark s4e7 (little green men)