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Joined 2 years ago
Cake day: June 12th, 2023
  • billwashere@lemmy.worldtoNews@lemmy.world•Musk and allies have reportedly seized key HR office to send mass resignation emailEnglish
    5·
    2 months ago

    Here’s the problem with this. Employees who take voluntary layoffs often have a lot of confidence in their ability to find new work. They believe in their skills and aren’t worried about landing another job. On the other hand, those who stay might be less motivated and less sure about their chances in the job market. They might feel uncertain about being hired elsewhere, which can lead to feeling stuck and less satisfied with their job. This creates a situation where the more confident and capable employees are the ones who are more likely to leave, while those who stay might be more cautious or less optimistic about their career options.

    So what you end up doing is scraping the cream from the top and leaving the less talented. In the business world this is a good way to boost short term profits but what you’re left with often goes bankrupt. It’s happened multiple times in the tech world.