> Are you slashing your own future stock grants, cutting your own salaries, diluting your positions with stock grants to everyone else?
This sounds a bit emotional to me. Layoffs can be an emotional topic, but let's reflect for a moment.
I guess the thrust of the remark is to put some sort of public "shame" on companies that perform layoffs (especially such fast ones) for the major inconvenience they cause for thousands of people. I suppose the fear is that without any "Shame" these companies will hire and fire spuriously without repercussion?
Relatively speaking I think Stripe handled this well. Yes it was a mistake to hire these people, but now that you're here it would be a bigger mistake to keep people you don't need.
I wonder if every company would be so forthright about this or whether many would just "cut" "low performers" at an accelerated rate over a year with no severance.
This sounds a bit emotional to me. Layoffs can be an emotional topic, but let's reflect for a moment.
I guess the thrust of the remark is to put some sort of public "shame" on companies that perform layoffs (especially such fast ones) for the major inconvenience they cause for thousands of people. I suppose the fear is that without any "Shame" these companies will hire and fire spuriously without repercussion?
Relatively speaking I think Stripe handled this well. Yes it was a mistake to hire these people, but now that you're here it would be a bigger mistake to keep people you don't need.
I wonder if every company would be so forthright about this or whether many would just "cut" "low performers" at an accelerated rate over a year with no severance.