this post was submitted on 30 Sep 2024
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That was probably the intent. It works as a soft layoff. Do something wildly unpopular, knowing that a bunch of employees will quit. The ones left will pick up the slack, because obviously if they had anywhere else to go they would’ve left with the first group.
Seems like a great way to lose all your talented employees
Unfortunately a dollar in cut costs is more valuable than employee talent these days.
It costs them more in the long run but those metrics are more difficult to capture and convey, and nobody would care anyway.
The Dead Sea Effect