Michael Downey 🧢Jan 25, 2023

☣️ #TechLayoffs kill. Especially in the middle of a pandemic.

💬 "We ought to place a higher priority on human life."

https://www.gsb.stanford.edu/insights/why-copycat-layoffs-wont-help-tech-companies-or-their-employees

Why “Copycat” Layoffs Won’t Help Tech Companies — Or Their Employees

Stanford Graduate School of Business
Show threadMichael Downey 🧢

Related, #Nintendo chief Satoru Iwata:

"If we reduce the number of employees for better short-term financial results, employee morale will decrease. I sincerely doubt employees who fear that they may be laid off will be able to develop software titles that could impress people around the world."

#techLayoffs

https://www.polygon.com/2013/7/5/4496512/why-nintendos-satoru-iwata-refuses-to-lay-off-staff

Why Nintendo's Satoru Iwata refuses to lay off staff

Many game companies cut their staff numbers to save costs, or reassure investors, but Nintendo chief Satoru Iwata says that's a strategy he won't be using. Participating in an investor Q&A, Iwata...

Polygon
Jan 25, 2023 at 3:20amWeb
Show threadrgwJan 25, 2023
@downey notably, Iwata rose from the technical ranks to CEO. He was not professional manager. He was an engineer who learned to manage.
Show threadExperiencersInternational (calckey)Jan 25, 2023
@downey it's a shame we don't have more people like Iwata
Show threadRonak | ‘In Search of Starlight’ out now 💫Jan 25, 2023
@downey We didn't deserve this man. 😭
Show threadBarry Schwartz 🫖Jan 26, 2023
@downey This is core teaching of the late Edwards Deming.
Show threadMastoDon JuanJan 26, 2023
@downey i think he dropped this: 👑
Show threadTomatoGrilledCheese Jan 26, 2023
@downey It's also extremely difficult to get rid of employees here. The law is on the side of the workers rather than the companies. https://goglobalgeo.com/blog/terminations-in-japan-30-days-notice/
Japan Termination of Employment: Why It Poses a Risk for Employers | GoGlobal

Companies should be careful with Japan’s dismissal rules to avoid costly lawsuits. A local EOR can help you mitigate the expensive and time-consuming risk.

GoGlobal
Show threadChofuAlumJan 26, 2023
@downey
Excellent!!
Show threadkira :3Jan 26, 2023
@downey i was just thinking about this specific circumstance. Iwata also had the distinction of being one of the biggest CEOs in gaming without coming from a business school shill type background, and it produced arguably the company's most iconic era and their two top selling consoles (four if you count DS and 3DS)