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0 pointsdexterdog4y ago0 comments

Even a single round is bad because it will cause some of your most hire-able people to look and then likely leave. When a second round comes too close to the first then everybody starts looking hard and the people that stick around are the ones nobody else wants. It would be cheaper to just close the doors.

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3 comments · 1 top-level

nrmitchi4y ago· 2 in thread

If it’s known it’s a single round, it’s easier for everyone remaining to not look around.

When a second round breaks that trust though, all bets are off.

laserlight4y ago

Leaving things to trust is not an option IMHO. Unless a company can guarantee that there won't be another round, they can always change their mind. I'm not sure if any company can give any such guarantee.

nrmitchi4y ago

That’s a bit disingenuous; of course no company can make a 100% guarantee.

There is still a huge difference between “this is the only round of layoffs, we will grow past this” (when this is the true intent) and “that’s all for this week. We’ll be back with the next round of layoffs on Friday”

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