5 ms·
This is surely a gross oversimplification of what's happening. If you see layoffs.fyi, there are a lot of rows with more than 5% fired or where the numbers are
by smahs 3y ago
This is surely a gross oversimplification of what's happening. If you see layoffs.fyi, there are a lot of rows with more than 5% fired or where the numbers are in several hundreds to thousands.
While some companies are known to regularly use the tactics you mention (and a lot others also do the same from time to time), they don't use mass firing as a means.
- 908B64B197 3y ago> layoffs.fyi Website started tracking sometime in 2022. > there are a lot of rows with more than 5% fired or where the numbers are in several hundreds to thousands. These include "Non-Technical staff" which have been the majority of laid off employees. [0] [1] [2] [3] [4] > they don't use mass firing as a means. They do. Google, Amazon, Microsoft and Apple all had yearly layoffs for underperformers, while maintaining growing headcounts. Target was around 5-10%. The difference is these layoffs were not nearly as talked about in the media. [0] https://interviewing.io/blog/2022-layoffs-engineers-vs-other-departments https://interviewing.io/blog/2022-layoffs-engineers-vs-other... [1] https://www.bloomberg.com/news/articles/2023-01-24/tech-layoffs-are-hitting-diversity-and-inclusion-jobs-hard https://www.bloomberg.com/news/articles/2023-01-24/tech-layo... [2] https://www.computerworld.com/article/3690309/about-those-tech-layoff-headlines-most-companies-arent-firing-it-workers.html https://www.computerworld.com/article/3690309/about-those-te... [3] https://www.gartner.com/en/newsroom/press-releases/2023-03-07-do-recent-layoffs-mean-the-tech-talent-crunch-is-over https://www.gartner.com/en/newsroom/press-releases/2023-03-0... [4] https://techreport.com/news/3493451/microsoft-layoffs-ethics-and-society-team-fired/ https://techreport.com/news/3493451/microsoft-layoffs-ethics...
- aaomidi 3y agoA lot of the people who got laid off from Google were not "under performers".