AnimusFlux
AnimusFlux t1_j4vony1 wrote
Reply to comment by datastuff1 in Microsoft to cut 10k jobs, about 5% of workforce, and take $1.2B restructuring charge by iingot
How so?
AnimusFlux t1_j4vhd4b wrote
Reply to comment by aquarain in Microsoft to cut 10k jobs, about 5% of workforce, and take $1.2B restructuring charge by iingot
Not sure about Microsoft, but laying off the lowest performing 2-5% each year is a pretty standard practice in tech. It allows managers and HR to avoid the lengthy one at a time performance management and firing process which can easily take over a year while also giving folks 2-to-4 months severence so they have time to find a new job. With ~3% unemployment in tech and Microsoft on their resume, these folks will land on their feet.
AnimusFlux t1_j4vexa5 wrote
Reply to Microsoft to cut 10k jobs, about 5% of workforce, and take $1.2B restructuring charge by iingot
MS added 40k jobs in 2022 alone, so this is really a pretty small correction. It's crazy how fast hiring has ramped up in tech during the pandemic.
AnimusFlux t1_j3k1aoo wrote
Reply to comment by old_gold_mountain in Western terminus of the Transcontinental Railroad, 100 years ago vs. today by old_gold_mountain
Cool video. I've always been curious about the old relics of the railroad systems in the bay and what things looked like back in those days.
AnimusFlux t1_j1mzobi wrote
Reply to comment by Jaded_Prompt_15 in TIL about Saturnalia - a Roman Holiday held between 17 - 23 December. The holiday was celebrated with a sacrifice at the Temple of Saturn, in the Roman Forum, and a public banquet, followed by private gift-giving, continual partying, and a carnival atmosphere. by TurboBennett
The war on Christmas goes waaaay back, lol.
AnimusFlux t1_j4we9n0 wrote
Reply to comment by Welcome2B_Here in Microsoft to cut 10k jobs, about 5% of workforce, and take $1.2B restructuring charge by iingot
If you've managed more than 20 people in your life, I'm gonna go ahead and guess at least one (5%) of them wasn't a good performer. That doesn't mean they're a bad person or that they don't deserve a job, it just means they're not doing well at the job they were hired for. Someone who is truly unable to do their job makes everyone's lives harder and they'd probably be better off doing something else in the long run.
I can also tell you from experience that loads of managers lack the grit required to fire even the most toxic employee. If you've ever worked with someone who you wished would just get fired, then maybe you'd have been better off if your company practiced occasional layoffs. If you've never worked with someone like that... are you hiring?
Edit: I think I misinterpreted your comment. Of course, layoffs don't only target low performers and typically have a lot more to do with corporate restructuring. Low performers just get bundled in to kill two birds with one stone.