Early 2000s profitable startups gave their handful of workers novel perks/freedom. These cos/their workplace culture got big. Late 2010s tech labor gained power + made demands. Now a hint of recession = excuse to break promises/reestablish dominance over workers. It's not about $
@Mer__edith So don’t their HR processes result in 5-10% of “low performers” being laid off every year anyway. I would expect this is more performative than real redundancies reducing the size of the companies. For the big guys anyway.
@davebyrne @Mer__edith not all thebig companies do stacked ranking no. And even at ones that do I’m not sure this is the layoff percentage from that