Submitted by iingot t3_10f8nux in technology
Youvebeeneloned t1_j4ypelo wrote
Reply to comment by darth_meh in Microsoft to cut 10k jobs, about 5% of workforce, and take $1.2B restructuring charge by iingot
5% is not even the expected national turnover rate for tech...
10k is a lot... unless you forget that literally means they have 200,000 employees and THATS why it seems like a lot.
5% at a more average size company is only 200-300 people. Every company I have worked for typically has 20-30 staff rollover a month.. sometimes more between firings, retirings, and leaving to a new job.
Kyanche t1_j4yy25x wrote
I still think it's really shitty management that you have to have "seasonal" firings like this. Those things should be done on a case-by-case basis with a proper review process.
darth_meh t1_j4zm9lw wrote
This isn't typical, though. These are people who were hired under his "leadership" and are now being let go due to no fault of their own. In the grand scheme of things, sure, 10K may not be a lot, but I doubt that will give the families impacted by these layoffs much consolation. It's crazy that we've normalized mass layoffs and don't hold executives accountable for destroying people's lives.
Youvebeeneloned t1_j50o5dp wrote
>These are people who were hired under his "leadership" and are now being let go due to no fault of their own.
Welcome to being an adult in a white collar job.
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